The gross domestic product GDP of the US is given by Gt wher

The gross domestic product (GDP) of the US is given by G(t) where t is the number of years since 1990 and the units of G are billions of dollars. (a) what does G(11) represent? (b) what does G_1 (9873) represent?

Solution

(a)

G(11) reperesent the gross domestic product at \"11\" th year means 11 year after the 1990 i.e it is the gross domestic product of 2001.

(b)

G^-1(9873) represent that the 9873 billion is the grosss domestic product of that particular year.