cocobean7469 cocobean7469
  • 13-02-2020
  • Business
contestada

A country's GDP (in billions) was $5,690 in 2010 and $5,899 in 2011. What is the growth rate of GDP?

Respuesta :

Dryomys Dryomys
  • 13-02-2020

Answer:

3.67%

Explanation:

Given that,

Country's GDP in 2010 = $5,690 billion

Country's GDP in 2011 = $5,899 billion

Growth rate of GDP:

= [(GDP in 2011 - GDP in 2010) ÷ GDP in 2010] × 100

= [($5,899 - $5,690) ÷ $5,690] × 100

= ($209 ÷ $5,690) × 100

= 0.0367 × 100

= 3.67%

Therefore, the country's growth rate of GDP is 3.67%.

Answer Link

Otras preguntas

Zachary and his children went into a bakery and he bought $15 worth of cupcakes and brownies. Each cupcake costs $3 and each brownies as cupcakes. Determine the
what type of research has been done on Fecal Transplants​
In a right triangle, the length of the hypotenuse is 12m and the measure of one of the acute angles is 36°.Find the measure of the other acute angle and the len
10 Please help with this question
what are the two possible outcomes for a Blue Supergiant
The lengths of the sides of a rectangle are 12.4 and 26. What are the measures of the angles between its diagonals? Round your answers to the nearest whole numb
8 - 2 x is equal to 5 - 4 x with verification​
Which section of the function is constant?
Find the probability that a randomly selected group of five adults will contain all men. Give your answer as a reduced fraction.
why does your body need more lactic acid concentration when your pulse rate goes up?