Asked by Justin Maynes on May 12, 2024
Verified
Which of the following is NOT an example of exponential growth?
A) the king who promised to double the number of grains of wheat he put on each successive square of a checkerboard
B) human population growth
C) a stock portfolio that increases at 15% one year, then 275% the next, then 42% the next
D) money in a savings account
Exponential Growth
A growth pattern where the size of a population increases dramatically over a short period of time due to a constant rate of growth applied to an increasing base amount.
Stock Portfolio
A collection of stocks owned by an individual or an institution, diversified across various sectors.
- Acquire knowledge on the speed and implications of exponential growth.
Verified Answer
TP
Thejeswi PranalaMay 15, 2024
Final Answer :
C
Explanation :
Exponential growth refers to the increase of a quantity by a consistent percentage over regular intervals. Options A, B, and D all describe scenarios where the growth rate is consistent or can be consistent (e.g., compound interest in a savings account). Option C describes a stock portfolio with highly variable growth rates from year to year, which does not fit the definition of exponential growth, as the percentage increase is not consistent.
Learning Objectives
- Acquire knowledge on the speed and implications of exponential growth.