Answer the question

The gross domestic product (GDP) was forecasted to decrease by 30% 1 point from 9% growth last year. The real estate (RE) and mining businesses having an Income elasticity of demand (YED) of 4.1 and 2.7, respectively. As the financial manager, what would be the data estimates available to base any decisions for investments? O There will be a decrease in demand of 1.23% and 0.81% in RE and mining, respectively There will be a decrease in demand of 12.3% and 8.1% in RE and mining, respectively There will be a decrease in demand of 24.6% and 16.2% in RE and mining, respectively O There will be a decrease in demand of 36.9% and 24.3% in RE and mining, respectively