Last years budget for the legislative branch of a certain government was 4938 million, and this year was 5320 million. Consider last year budget of 4938 million to be the reference value.
1. What will the absolute change in the budget from last year? (Answer in an integer or a decimal)
2. What is the relative change in the budget from last year to this year? The relative change in the budget from last year to this year would be at what percent ((round to one decimal place as needed)?
3. Next years budget is estimated to be 5197 million. What is the percentage decrease from this year budget of 5320 million? Do you think the percentage would increase or decrease? If so, to what decimal? (Round to one decimal place if its needed).
4. If next year budget is to change so that it is 6% lessthan this years budget of 5320 million so what would the amount of next year budget? The amount of next yearss budget is __ million. ( answer as an integer or decimal please).