Answer these questions based on the data given below: The figures below present annual growth rate, expressed as the % change relative to the previous year, in four sectors of the economy of the Republic of Reposia during the 9 year period from 1990 to 1998. Assume that the index of production for each of the four sectors is set at 100 in 1989 Further, the four sectors: manufacturing, mining and quarrying, electricity, and chemicals, respectively, constituted 20%, 15%, 10%, 15 % of total industrial production 1989.

Question 29

When was the lowest level of production of the mining and quarrying sector achieved during the nine year period 1990-1998?


Production rate in 1990 = 15.6 ; Production rate in 1991 = 15.7 ; Production rate in 1992 = 15.85 ; Production rate in 1993 = 15.46. So clearly we can see that production rate would be lowest in the year 1993. Hence option B. 

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