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numerical question

Anonymous (not verified) Sun, 03/29/2015 - 23:23

This post has been deleted by the user.

user123 Sun, 03/29/2015 - 23:25

I cant solve this one- can anyone help with a guide?

user123 Sun, 03/29/2015 - 23:27

viki_mm Mon, 03/30/2015 - 16:03

GDP 2000: 41 100/0.0245= 1677551
GDP 2003: 1677551*1.02= 1711102
government R&D 2000: 41 100* 0.314= 12905.4
government R&D 2003:1711102*0.0252*0.312= 13453.368

2003/2000 = (13453.368/12905.4 - 1)*100= 4.25%

user123 Mon, 03/30/2015 - 19:25

ah yes- I was misunderstanding the R&D expenditure column for government R&D spending... thank you for your very efficient answer!