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Lesson· Economic Growth 1· 5 of 12

Rule of 70

Alex Tabarrok
Alex TabarrokGeorge Mason University

The rule of 70 is a useful rule of thumb for quickly calculating the doubling time for something (e.g. population, GDP, internet nodes) that is growing at a constant rate; it says the doubling time is 70/growth rate. See the video for details and some examples.

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