Question

Use the "Economic Data" spreadsheet to create a derivative function for GDP as a function of time. Then use this to identify how quickly the GDP was changing (with respect to time) on December 31st, 1973. (DATA ATTACHED)

Answer 1

f(t) = lim f(t+h) - f(t)h TO FIND DERIVATIVE FUNCITON, BUT WHAT DO I PUT IN FOR THE VALUES??

Limit GDP(t+t) - GDP(t) TO SOLVE PROBLEM ONCE HAVE FUNCTION?

Answer 2

GDP in relation to time → GDP(t) → rate of change of GDP for any point in time

Answer 3

https://docs.google.com/file/d/0Bx5Ul8RzCQKwcTdWdkRKc2pfMEE/view