Question

In the year 2000, The U.S. Budgeted $25,003 million for Natural Resources and Environment. In 2014, they budgeted $40,156 million. What was the absolute and relative change in environmental spending from 2000 to 2014?

Answer 1

Using it's concepts, we have that:

• The absolute change was of $15,153 million.

• The relative change was of 60.60%.

What is the absolute change of two values?

The absolute change between two values is given by the absolute value of the difference between two values.

In this problem, the values are of $40,156 million, which is the final value, and $25,003 million, which is the initial value, hence the absolute change is:

A = 40,156 - 25,003 = $15,153 million.

What is the relative change?

The relative change is the absolute change multiplied by 100% and divided by the initial value, hence:

(15,153/25,003) x 100% = 60.60%.

More can be learned about absolute and relative changes at brainly.com/question/19162774

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