Question 74
Read the data and answer the questions|
Solution
GDP at the beginning of 2014 is equal to the GDP at the end of 2013
=> GDP growth rate in 2013 = -3%
GDP at the end of 2012 = GDP at the beginning of 2013 = $4 trillion
$$\therefore$$ GDP at the beginning of 2014 = $$\frac{100 - 3}{100} \times 4$$ trillion
= $$\frac{97}{25}$$ = $3.88 trillion
=> Ans - (A)
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