The table below shows the approximate value of Canada's crude oil and natural gas exports over a 5-year period.The amounts shown are billions of dollars.
TABLE 2-7
-Refer to Table 2-7.Assume that 2009 is the base year,with an index number = 100.What is the percentage change in the value of exports of crude oil from 2009 to 2013?
Definitions:
Investment
The process of distributing funds or other resources with the goal of earning returns or profits.
Interest
The cost of borrowing money or the profit from lending money, usually expressed as a percentage rate over the period of one year.
Months
Units of time used in calendars that approximate the period required for the moon to complete its orbit around the Earth, commonly divided into 12 periods in a year.
Term Deposit
A bank deposit that has a fixed term and typically offers a higher interest rate, with the condition that the funds cannot be accessed until the term ends.
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