The following table shows the monthly total expenditure in 2010 for an economy expressed in thousands...
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The following table shows the monthly total expenditure in 2010 for an economy expressed in thousands of Canadian dollars (CAD). Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Value 331.3 328 324.8 321.5 318.3 315.2 312 308.9 305.9 302.8 299.8 296.9 a. What is the total expenditure for January 2010 in millions of CAD (answer with all decimals)? 20 b. What is the total expenditure for January 2010 in thousands of US dollars (USD) if the exchange rate is 1.38 CAD/USD. Round your answer to the nearest first decimal. c. What is the monthly growth rate between March 2010 and April 2010 in percentage? Round your answer to the nearest second decimal. d. What is the monthly growth rate between October 2010 and November 2010 in percentage, using the log approximation? Round your answer to the nearest second decimal. e. What is the annualized growth rate in percentage between January and February 2010 using the exact formula? Round your answer to the nearest second decimal. f. What is the annualized growth rate in percentage between November and December 2010 using the approximation formula? Round your answer to the nearest second decimal. g. What is the value of the index base 100 = April 2010 in November 2010? Round your answer to the nearest second decimal. The following table shows the monthly total expenditure in 2010 for an economy expressed in thousands of Canadian dollars (CAD). Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Value 331.3 328 324.8 321.5 318.3 315.2 312 308.9 305.9 302.8 299.8 296.9 a. What is the total expenditure for January 2010 in millions of CAD (answer with all decimals)? 20 b. What is the total expenditure for January 2010 in thousands of US dollars (USD) if the exchange rate is 1.38 CAD/USD. Round your answer to the nearest first decimal. c. What is the monthly growth rate between March 2010 and April 2010 in percentage? Round your answer to the nearest second decimal. d. What is the monthly growth rate between October 2010 and November 2010 in percentage, using the log approximation? Round your answer to the nearest second decimal. e. What is the annualized growth rate in percentage between January and February 2010 using the exact formula? Round your answer to the nearest second decimal. f. What is the annualized growth rate in percentage between November and December 2010 using the approximation formula? Round your answer to the nearest second decimal. g. What is the value of the index base 100 = April 2010 in November 2010? Round your answer to the nearest second decimal.
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A Total expenditure for January 2010 in millions of CAD 63031000 06303 million CAD B The total ... View the full answer
Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781265779696
19th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
Posted Date:
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