1. Read the data and answer the given questionsIf the GDP of the country was $5 trillion at the end of 2013, what was it at the beginning of 2015?
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By: anil on 05 May 2019 02.14 am
GDP at the beginning of 2015 is equal to the GDP at the end of 2014 => GDP growth rate in 2014 = 4% GDP at the end of 2013 = GDP at the beginning of 2014 = $5 trillion $$ herefore$$ GDP at the beginning of 2015 = $$frac{100 + 4}{100} imes 5$$ trillion = $$frac{520}{100}$$ = $5.2 trillion => Ans - (C)
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