We use cookies to personalise content and advertisements and to analyse access to our website. Furthermore, our partners for online advertising receive pseudonymised information about your use of our website. cookie policy and privacy policy.
 
+0  
 
0
82
1
avatar+4 

If the spending power of NAFTA consumers increased to $7.5 trillion and the NAFTA share changed to 17.5% of all combined spending power of NAFTA and the European Union, what is the increased spending power of the EU? Round to the nearest tenth of a trillion dollars.

 May 19, 2019
 #1
avatar
+1

Let the combined spending power of NAFTA and EU = N. Then:
0.175*N =$7.5 trillion
N =$7.5 / 0.175 = $42.86 trillion dollars -combined spending power of NAFTA and EU.
$42.86 - $7.5 =$35.36 - trillion dollars -  increased spending power of EU.

 May 19, 2019

7 Online Users