Question 80

Is Country X’s GDP higher than country Y’s GDP?

I. GDPs of the countries X and Y have grown over the past 5 years at compounded annual rate of 5% and 6% respectively.

II. Five years ago, GDP of country X was higher than that of country Y.

Solution

Even by using both the statements, we do not know whether country X has a higher GDP than country Y because we do not know the absolute values of the GDPs 5 years back. So, the question cannot be answered.


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