A country's annual imports are I(t) = 30e0.2t and its exports are E(t) = 20e0.1t, both in billions of dollars, where t is measured in years and t = 0 corresponds to the beginning of 2000. Find the country's accumulated trade deficit (imports minus exports) for the 10 years beginning with 2000. (Round your answer to the nearest billion dollars.)

A country's annual imports are I(t) = 30e0.2t and its exports are E(t) = 20e0.1t, both in billions of dollars, where t is measured in years and t = 0 corresponds to the beginning of 2000. Find the country's accumulated trade deficit (imports minus exports) for the 10 years beginning with 2000. (Round your answer to the nearest billion dollars.)

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter4: The Aggregate Economy

Section: Chapter Questions

Problem 5E

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