Growth Rate Calculation

Calculate the growth rate if the GNP of the present year is 450,000 and the GNP of the previous year is 400,000.

• 10%

• 15%

• 13%

• 20%

If the GNP of the present year is 570,000 and the GNP of the previous year is 510,000, what is the growth rate?

• 10%

• 20%

• 12%

• 5%

Find the growth rate when the GNP of the present year is 650,000 and the GNP of the previous year is 600,000.

• The growth rate is ((650,000 - 600,000) / 650,000) * 100 = 7.7%

• The growth rate is (650,000 / 600,000) = 1.08

• The growth rate is ((650,000 - 600,000) / 600,000) * 100 = 8.33%

Determine the growth rate if the GNP of the present year is 381,000 and the GNP of the previous year is 325,000.

• 14%

• 8%

• 17%

• 6%

What is the growth rate if the GNP of the present year is 850,000 and the GNP of the previous year is 800,000?

• 5%

• 7%

• 4.%

• 6%

Find the growth rate when the GNP of the present year is 1,150,000 and the GNP of the previous year is 1,100,000.

• 3%

• 2%

• 4%

• 5%

What is the growth rate if the GNP of the present year is 1,350,000 and the GNP of the previous year is 1,300,000?

• 9%

• 5%

• 4%

• 7%