Q
The formula to calculate economic growth from 2001 to 2002 is given by ?
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A
A. [(gdp2002 + gdp2001)/gdp2001]100
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B
B. [(gdp2002 – gdp2001) gdp2001]100
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C
C. [(gdp2002 – gdp2001)/gdp2001]100
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D
D. [(gdp2001 – gdp2002]100
Correct Answer:
C. C. [(gdp2002 – gdp2001)/gdp2001]100