Question

Is Country X's GDP higher than country Y's GDP?
I. \quad GDPs of the countries X and Y have grown over the past 5 years at compounded annual rate of 5% and 6% respectively.
II. \quad Five years ago, GDP of country X was higher than that of country Y.

• A. The question can be answered by one of the statements alone and not by the other.
• B. The question can be answered by using either statement alone.
• C. The question can be answered by using both the statements together, but cannot be answered by using either statement alone.
• D. The question cannot be answered even by using both statements together.

Hint:

Growth rate + initial comparison allows final comparison over time.

Answer 1

The Correct Option is C

Statement I gives growth rates, Statement II gives relative value 5 years ago. Alone, each is insufficient. Together, we can project and compare present GDPs.