Comprehension
Out of 10 countries -- Country 1 through Country 10 -- Country 9 has the highest gross domestic product (GDP), and Country 10 has the highest GDP per capita. GDP per capita is the GDP of a country divided by its population. The table below provides the following data about Country 1 through Country 8 for the year 2024.
Column 1 gives the country's identity.
Column 2 gives the country's GDP as a fraction of the GDP of Country 9.
Column 3 gives the country's GDP per capita as a fraction of the GDP per capita of Country 10.
Column 4 gives the country's annual GDP growth rate.
Column 5 gives the country's annual population growth rate.
Assume that the GDP growth rates and population growth rates of the countries will remain constant for the next three years.
Column 1 gives the country's identity.
Column 2 gives the country's GDP as a fraction of the GDP of Country 9.
Column 3 gives the country's GDP per capita as a fraction of the GDP per capita of Country 10.
Column 4 gives the country's annual GDP growth rate.
Column 5 gives the country's annual population growth rate.
Assume that the GDP growth rates and population growth rates of the countries will remain constant for the next three years.
Question: 1
Which one among the countries 1 through 8, has the smallest population in 2024?
Which one among the countries 1 through 8, has the smallest population in 2024?
Updated On: Nov 30, 2024
- Country 3
- Country 5
- Country 7
- Country 8
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The Correct Option is D
Solution and Explanation
Based on the population data provided for the year 2024, Country 8 has the smallest population among the listed countries.
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Question: 2
The ratio of Country 4’s GDP to Country 5’s GDP in 2026 will be closest to
The ratio of Country 4’s GDP to Country 5’s GDP in 2026 will be closest to
Updated On: Nov 30, 2024
- 1.314
- 1.195
- 1.032
- 0.963
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The Correct Option is B
Solution and Explanation
To find the ratio of Country 4’s GDP to Country 5’s GDP, we need to compare the GDP figures for both countries in 2026. After calculation, the closest ratio is 1.195.
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Question: 3
Which one among the countries 1, 4, 5, and 7 will have the largest population in 2027?
Which one among the countries 1, 4, 5, and 7 will have the largest population in 2027?
Updated On: Nov 30, 2024
- 7
- 5
- 1
- 4
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The Correct Option is C
Solution and Explanation
By analyzing the population projections for 2027, Country 1 is expected to have the largest population among the given countries.
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Question: 4
For how many countries among Country 1 through Country 8 will the GDP per capita in 2027 be lower than that in 2024?
For how many countries among Country 1 through Country 8 will the GDP per capita in 2027 be lower than that in 2024?
Updated On: Nov 30, 2024
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Correct Answer: 0
Solution and Explanation
The GDP per capita for all the countries from 2024 to 2027 is projected to increase. Therefore, none of the countries will have a lower GDP per capita in 2027 compared to 2024.
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