Homework Help

# Can anyone help explain how to do #59, showing how a negative growth rate affects the...

Can anyone help explain how to do #59, showing how a negative growth rate affects the equation for an exponential model?

Images:
This image has been Flagged as inappropriate Click to unflag
Image (1 of 1)

Posted by brandih on October 6, 2013 at 9:31 PM via web and tagged with economics, exponential growth rate, exponential model, negative growth rate, other

High School Teacher

(Level 1) Educator Emeritus

• Up
• 0
• Down

To explain how a negative growth rate affects the equation for an exponential model consider exponential growth or exponential decay which occurs in Oman and Paraguay (as per the image in the question). There is an indirectly proportional relation between the growth rate and the current value of the function created in the comparison.

Therefore, in this scenario, a negative growth rate will show that  as the value of time increases (if the trend continues) (x-axis) say 1 year, 2 years, 3 years and so on, the monetary value decreases (y-axis), for Oman say \$20,3 billion, \$18,6 billion and so on.

Please repost #59b) separately, in terms of eNotes rules which does not allow multiple questions.

Posted by durbanville on October 7, 2013 at 6:19 AM (Answer #1)

See all »