johnsont8377
26.10.2020 •
Mathematics
In the Republic of Yemen, real per capita gross domestic product (GDP) in 2004 was $709.97. By 2005, it had increased to $832.84. At what rate did Yemen's economy grow in that time?
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Ответ:
$122.87 or 17.31% per year.
Step-by-step explanation:
Rate of growth
It's a measure of how a magnitude increases in a determined time. If the magnitude changes from x1 to x2 in a time t, then the rate of growth is:
The GDP of Yemen went from $709.97 to $832.84 in one year. Thus:
r=$122.87 per year
It can also be expressed as a percentage with respect to the initial value:
r=17.31% yearly
Ответ:
bruh
Step-by-step explanation: