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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 Value Jan 419.7 Feb
The following table shows the monthly total expenditure in 2010 for an economy expressed in thousands of Canadian dollars (CAD). Month Value Jan 419.7 Feb 399.2 Mar 379.6 Apr 361 May 343.3 Jun 326.5 Jul 310.5 Aug 295.3 Sep 280.8 Oct 267 Nov 253.9 Dec 241.4 a. What is the total expenditure for January 2010 in millions of CAD (answer with all decimals)? b. What is the total expenditure for January 2010 in thousands of US dollars (USD) if the exchange rate is 1.15 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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