1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elanso [62]
3 years ago
6

The expression 11(1.022)* models the per capita gross domestic product (GDP) of the US, in thousands of

Mathematics
1 answer:
o-na [289]3 years ago
5 0

Answer:

y = a (b)^t

Where a represent the initial amount and b the rate of growth/decay for the model and the time in  years since 1950.

For this case the value of b is given by:

b = 1.022

And if we solve for r the rate of growth we got:

1.022 = 1+ r

r = 1.022-1= 0.022

The answer for this case would be: 1.022 represent the growth factor for the GDP since 1950 (because b >1) and each year the GDP increase by a factor of 1.022

Step-by-step explanation:

For this case we are ssuming that we can model the GDP gross domestic product (GDP) of the US, in thousands of  dollars with the folllowing function:

GDP = 11 (1.022)^t

And we can see that this formula is governed by the exponential model formula given by:

y = a (b)^t

Where a represent the initial amount and b the rate of growth/decay for the model and the time in  years since 1950.

For this case the value of b is given by:

b = 1.022

And if we solve for r the rate of growth we got:

1.022 = 1+ r

r = 1.022-1= 0.022

The answer for this case would be: 1.022 represent the growth factor for the GDP since 1950 (because b >1) and each year the GDP increase by a factor of 1.022

You might be interested in
1)Se considera un cerc si un punct oarecare. Expresiile punct interior cercului, punct pe cerc sau punct exterior textului descr
BaLLatris [955]

Explanation:

Unclear question. But I inferred this to be clear rendering of your question;

1) It is considered a circle and a certain point. The expressions dot inside the circle, dot on circle, or dot outside the text describe the position of a dot relative to a circle. In figure 2 are drawn: a circle C of center O, points on the circle, points outside the circle and points inside the circle. a) Name the points inside the circle; b) Name the points that belong to the circle; c) Name the points outside the circle.

2) Consider any point P and a circle C of center O and radius r. Compare the distance OP with the radius of the circle if: a) The point is inside the circle; b) The point is on the circle; c) The point is outside the circle.

3 0
3 years ago
A local hamburger shop sold a combined total of 763 hamburgers and cheeseburgers on Saturday. There were 63 more cheeseburgers s
Airida [17]
In order to solve this we'll start by assigning variables to hamburgers and cheeseburgers, since these are what we're trying to find. Lets say x = hamburgers and y = cheeseburgers. So we know two things, we know that x+y= 763 (hamburgers plus cheeseburgers sold equals 763, and we know that y= x+63 (cheeseburgers sold equals 63 more than hamburgers sold). Now we have a system of equations. This can be solved most easily by rearranging each equation to each y, and then set them equal to each other:
x+y=763 -> y=763-x, and we already have y=x+63. Set them equal to each other:
x+63 = 763-x (add x to both sides) -> 2x+63 = 763 (subtract 63 from both sides) -> 2x = 700 (divide both sides by 2) x = 350. So we solved for x, which is hamburgers sold, which is what the question asks for, so your answer is 350 hamburgers were sold on Saturday
6 0
3 years ago
N a recent election, Mark Benton received 780 votes for 12% of the total vote. How many people voted in the election?
Sloan [31]

Answer: Answer C

Step-by-step explanation:

12%___780 votes

100%___X= 6500 votes

(100*780)/12 = 6500

5 0
3 years ago
Simplify. I'm don't know how to type it so I am going to take a picture.​
Vesnalui [34]

Answer:2/1

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Wei has $150.00 to make a garland using 60-cent balloons. He wants to purchase 100 blue balloons and some number of white balloo
DaniilM [7]

$149.60 that's what he will have left

6 0
3 years ago
Other questions:
  • Simplify 2/5k - 3/5 + 1/10k
    15·2 answers
  • Factor completely 2x2 − 50.
    14·2 answers
  • Perry observes the opposite, parallel walls of a room. In how many lines do the planes containing the walls intersect?
    5·1 answer
  • Which of the following is the standard form of the equation 5x2 - 20x = 15?
    7·2 answers
  • Whats 2+2-1+4x4-12-7
    14·2 answers
  • Swaziland has the highest HIV prevalence in the world : 25.9% of this country’s population is infected with HIV. The ELISA test
    8·1 answer
  • Help plz!<br> I suck at math, and I have already failed this quiz 2 times.
    14·1 answer
  • The next model of a sports car will cost 12.9% more than the current model. The current model costs $33,000. How much will the p
    9·1 answer
  • What is the first step in evaluating this expression?
    11·2 answers
  • Can like someone help me with O.o.O (order of operations)
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!