SOLUTION: For a certain time period the ratio of the dollar value of exports to the dollar value of imports for the United States was 2 to 3. If the value of exports during that time period
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Question 175739: For a certain time period the ratio of the dollar value of exports to the dollar value of imports for the United States was 2 to 3. If the value of exports during that time period was 48 billion dollars, then what was the value of imports?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
For a certain time period the ratio of the dollar value of exports to the dollar value of imports for the United States was 2 to 3. If the value of exports during that time period was 48 billion dollars, then what was the value of imports?
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2 to 3 is the same as 2x to 3x where 2x is exports and 3x is imports.
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Equation:
2x + 3x = 48 B
5x = 48 B
x = 9.6 B
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imports = 3x = 3*9.6 = 28.8 Billion
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Cheers,
Stan H.
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