Economic Growth
Should the U.S. be worried about the rapid economic growth of China
1 The facts of Economic Growth
China is growing fast
2 Compounding
Rule of 70
Time to double=70/annual growth (%)
ex one percent growth
70/1 equals 70 years
Should the U.S. be worried about the rapid economic growth of China
1 The facts of Economic Growth
China is growing fast
2 Compounding
Rule of 70
Time to double=70/annual growth (%)
ex one percent growth
70/1 equals 70 years