1. Read the data given in the table and answer the questionsIf the GDP of the country was $8 trillion at the end of 2011, what was it at the beginning of 2013?
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By: anil on 05 May 2019 02.10 am
GDP at the beginning of 2013 is equal to the GDP at the end of 2012 => GDP growth rate in 2012 = 7% GDP at the end of 2011 = GDP at the beginning of 2012 = $8 trillion $$ herefore$$ GDP at the beginning of 2013 = $$frac{100 + 7}{100} imes 8$$ trillion = $$frac{214}{25}$$ = $8.56 trillion => Ans - (A)
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