SOLUTION: 4.The annual Gross Domestic Product (GDP) of a country is the value of all of the goods and services produced in the country during a year. During the period 1985-1999, the Gross D
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-> SOLUTION: 4.The annual Gross Domestic Product (GDP) of a country is the value of all of the goods and services produced in the country during a year. During the period 1985-1999, the Gross D
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Question 1002177: 4.The annual Gross Domestic Product (GDP) of a country is the value of all of the goods and services produced in the country during a year. During the period 1985-1999, the Gross Domestic Product of the United States grew about 3.2% per year, measured in 1996 dollars. In 1985, the GDP was $577 billion. I what year did/or will the GDP equal $2.8 trillion? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! In 1999 the GDP in billions will be:
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Note that $2.8 trillion = billion
I can say that in the year 1985 + ,
GDP in billions =
Take the log of both sides
1985 + 50 = 2035
In 2035 the GDP was $2.8 trillion
Hope I got it!
