The gross national product (gnp) is the value of all the goods and services produced in an economy, plus the value of the goods and services imported, less the goods and services exported. during the period 1994-2004, the gnp of canada grew about 4.8% per year, measured in 2003 dollars. in 1994, the gnp was $5.9 billion. assuming this rate of growth continues, what will the gnp of canada be (in billions) in the year 2012?
a.$15.64
b.$2.34
c.$5.41
d.$13.72

option d. 13.72 billion

Step-by-step explanation:

Given that the Gross National Product (GNP) is the value of all the goods and services produced in an economy, plus the value of the goods and services imported, less the goods and services exported.

If we assume rate of growth as constant as 4.8% per year,

then

where t= no of years and r = rate of growth per year.

Using this we can write

No of years lapsed from 1994 to 2012 =t = 18

Hence GNP in the year 2012

= billion

Hence answer is option d. 13.72 billion

you save $70

discount would be 35% off

step-by-step explanation:

hi there

the slope is 1/3.

this is because from the y-intercept, you go up one, and you go to the right three, to get to the next exact point on the graph. this is known at the “rise over run.”

p.s. (if you need it).your y-intercept is -2, because that is the point on the graph where the line crosses the y-axis.

hope that : )