{"id":38027,"date":"2017-04-17T02:00:50","date_gmt":"2017-04-17T06:00:50","guid":{"rendered":"http:\/\/quotulatiousness.ca\/blog\/?p=38027"},"modified":"2017-07-14T10:06:23","modified_gmt":"2017-07-14T14:06:23","slug":"office-hours-rule-of-70","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2017\/04\/17\/office-hours-rule-of-70\/","title":{"rendered":"Office Hours: Rule of 70"},"content":{"rendered":"<p align=\"center\"><iframe loading=\"lazy\" width=\"853\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/gudArsau8pU?list=PL-uRhZ_p-BM52EbMG1NR1ZfG9tEvcxE4u\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<blockquote><p><strong>Published on 23 Feb 2016<\/strong><\/p>\n<p>One of the of the practice questions from our &#8220;Growth Rates Are Crucial&#8221; video asks you to compare real GDP per capita for two countries that start at the same place, but grow at different rates. It\u2019s a little tricky:<\/p>\n<p>Suppose two countries start with the same real GDP per capita, but country A is growing at 2% per year and country B is growing at 3% per year. After 140 years, country B will have a real GDP per capita that is roughly ________ times higher than country A. (Hint- you may want to review the \u201cRule of 70\u201d to answer this question.)<\/p>\n<p>We asked our Instructional Designer, Mary Clare Peate, to hold virtual \u201coffice hours\u201d to guide you through how to solve this problem. Join her as she discusses your questions! <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Published on 23 Feb 2016 One of the of the practice questions from our &#8220;Growth Rates Are Crucial&#8221; video asks you to compare real GDP per capita for two countries that start at the same place, but grow at different rates. It\u2019s a little tricky: Suppose two countries start with the same real GDP per [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[1094,1093,1143,290],"class_list":["post-38027","post","type-post","status-publish","format-standard","hentry","category-economics","tag-gdp","tag-macroeconomics","tag-principlesofeconomics","tag-statistics"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-9Tl","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/38027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=38027"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/38027\/revisions"}],"predecessor-version":[{"id":38028,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/38027\/revisions\/38028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=38027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=38027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=38027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}