If Percentage Change Is Asked in the Question,it Is Calculated

question 154

Short Answer

$$\begin{array} { | c | c | c | } \hline \text { Year } & \text { GDP } & \text { Gross Investment } \\\hline 1929 & 103.1 & 16.7 \\\hline 1930 & 90.4 & 10.8 \\\hline 1931 & 75.8 & 5.9 \\\hline 1932 & 58.0 & 1.1 \\\hline 1933 & 55.6 & 1.7 \\\hline 1934 & 65.1 & 3.7 \\\hline 1935 & 72.3 & 6.7 \\\hline 1936 & 82.7 & 8.7 \\\hline 1937 & 90.8 & 12.2 \\\hline 1938 & 84.9 & 7.1 \\\hline 1939 & 90.8 & 9.3 \\\hline\end{array}$$ If percentage change is asked in the question,it is calculated by dividing the amount changed by the original number.
-Between the years 1929 to 1932,_______________ (Gross Investment/GDP)fell by a greater percentage than _______________ (Gross Investment/GDP).

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Definitions:

Product Price

The financial cost of obtaining a product or service.

Marginal Revenue Product

The supplementary income realized by the application of one more unit of a resource, like labor or capital.

Labor

The engagement of human physical strength and intellectual power in producing goods and offering services.

Additional Revenue

The increase in total revenue that results from selling an additional unit of a product or service.