Home » Past Questions » Economics » \(\begin{array}{c|c} & \text{Year 1} & \text{Year 2} \\ \hline \text{GNP at current prices(NM)} & 20,000 & 27,000 \\ \hline \text{Population(Million)} & 20 & 24 \\ \end{array}\)What is the percentage increasein GNP between year 1 and year 2?...

\(\begin{array}{c|c} & \text{Year 1} & \text{Year 2} \\ \hline \text{GNP at current prices(NM)} & 20,000 & 27,000 \\ \hline \text{Population(Million)} & 20 & 24 \\ \end{array}\)What is the percentage increasein GNP between year 1 and year 2?...


Question

\(\begin{array}{c|c} & \text{Year 1} & \text{Year 2} \\ \hline \text{GNP at current prices(NM)} & 20,000 & 27,000 \\ \hline \text{Population(Million)} & 20 & 24 \\ \end{array}\)

What is the percentage increasein GNP between year 1 and year 2?

Options

A)
3.5.0%
B)
14.0%
C)
20.0%
D)
35.0%

The correct answer is D.


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