The exports of goods of a country \( G = G(t) \) have a growth rate of \( \alpha/t \) and its export of…
The growth rate of total exports is \( \frac{G\alpha+S\beta}{tX} \). Since \( G' = G\alpha/t \) and \( S' = S\beta/t \), adding the derivatives and dividing by \( X=G+S \)…
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The exports of goods of a country have a growth rate of and its export of services has a growth rate of . What is the growth rate of total exports ?
Answer and explanation
Correct answer B
The growth rate of total exports is . Since and , adding the derivatives and dividing by gives this expression.
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West Bengal SET (WB SET)