If x grows at 3 percent and y grows at -2 percent and w = x/y, then w grows at 5 percent.

Name: If x grows at 3 percent and y grows at -2 percent and w = x/y, then w grows at 5 percent.
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Question

Quizplus · Accepted Answer

The growth rate of w is the difference between the growth rates of x and y, which is 3% - 2% = 1%. Since 1% is 5% of 20%, the growth rate of w is 5%.

If X Grows at 3 Percent and Y Grows at -2