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If the GDP in Africa increased 3.6 percent in one year from 5.6 billion to 5.8 billion does that mean that Africa had a 3.6 percent increase in the amount of goods and services produced?
Wiki User
∙ 11y ago
Yes, but the increase from 5.6 billion to 5.8 billion is actually 3.5714% which rounds to 3.6%
Wiki User
∙ 11y ago
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What is the percent of increase from 5 billion to 5.6 billion?
5.6/5.0 = 1.12 = 12% increase
What is the percent of change for 428.7 billion increased to 991.4 billion?
The change is +131.26%
What is the percentage increase between 10 million to 6 billion?
59,900% increase.
What is current GDP and what this figure mean?
The GDP is a number meant to represent the amount of activity of an economy. This can be portrayed as the employment rate, because wages are an indicator of the value of what is produced in a given period of working time, but more often, the GDP is represented as the value of all of the goods and services consumed. (Investment, Net Exports, and Government Spending are also key factors) EX The US GDP as of Feb 20 2008, according to http://www.bankrate.com/brm/ratewatch/key-economics.asp is assumed at 14,080.8 Billion Dollars. This means that the US is consuming 14,080.8 Billion Dollars worth of goods and services. A Higher GDP means that the country is consuming more (and hopefully producing more). Lower means the opposite. If GDP is too low, then the country is not able to access as many goods and services as preferable. If GDP is too high, interest rates increase, making it harder to invest in future technologies, making the economy more exposed to crash.
Did the US Mint produce the same number of each state quarter?
The US Mint produced about 34.8 billion quarters during the 10 year program. The number produced was lessened during 2003 and 2004, and there were 12 states where less than 500 million were produced. The state with the most quarters minted was Virginia.
World population increased from 2.3 billion in 1900 to 6.1 billion in 2000 What was the percent of increase?
The percent increase is 62
What was the increase in population size From 1960 to 1970?
In 1960, the population of the world was 3.03 billion people. By 1970, the population had increased to 3.7 billion and by 1980, the world population was 4.45 billion.
What are production statistics for corn?
In 2003 about 10.3 billion bushels of corn were produced, the highest on record and a significant increase over the 2002 crop of 9.01 billion bushels.
In the past 40 years has the population increased or decreased?
the world population has increased from four to seven billion in the last forty years, however individual nations have both had their populations increase and decrease over this period of time
How much did the cost of materials in the men's and boy's underwear industry increase between 1999 and 2000?
the cost of materials increased from $879 million to $1.04 billion
What is the percent of increase from 5 billion to 5.6 billion?
5.6/5.0 = 1.12 = 12% increase
What are major manufactured in Montana?
Montana's major manufacturing industries process raw materials from mines, forests, and farms. The total value of shipments by manufacturers in 1997 amounted to $5.2 billion. Earnings of persons employed in Montana increased from $11.3 billion in 1997 to $12 billion in 1998, an increase of 5.8%. The largest industries in 1998 were services, 27.2% of earnings; state and local government, 13.4%; and retail trade, 12.6%. Of the industries that accounted for at least 5% of earnings in 1998, the slowest growing from 1997 to 1998 was state and local government, which increased 2.7%; the fastest was construction (7.7% of earnings in 1998), which increased 6.1%.
What is the percent of change for 428.7 billion increased to 991.4 billion?
The change is +131.26%
How much more corn does Iowa grow than nebraska?
In 2011, Iowa produced 2.4 billion bushels of corn. Nebraska produced 1.5 billion bushels of corn. Illinois produced 1.9 billion bushels of corn.
Compare the recent growth rates in world trade in services to world trade in merchandise?
2007 trade value was 20 billion dollars 2008 trade value was 29 billion dollars How much trade increase from 2007 to 2008?
What is the percentage increase between 10 million to 6 billion?
59,900% increase.
What is the percentage increase from 1.5 billion to 1.6 billion?
It is: (1,600,000,000-1,500,000,000)/1,500,000,000 times 100 = 6.67% increase rounded to two decimal places
