Question 1) option c
Rate of growth =[( GDP2006 - GDP2005)/GDP_2005]*100
=( 1745-1500)/1500.
= 16.33%
Q2) option c)
Growth rate =[( GDP2007- GDP2006)/GDP2006]*100
=( 2050-1745)/1745
= 17.47%
Q3) option b)
.19 =[( GDP2008- GDP2007)]/ GDP2007
.19 =( X - 2050)/2050
(.19*2050)+2050 = X
X = 2439.5
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