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# Is country X's GDP higher than country Y's GDP?

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Manager
Joined: 17 May 2015
Posts: 232
Is country X's GDP higher than country Y's GDP? [#permalink]

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22 Sep 2017, 07:09
00:00

Difficulty:

15% (low)

Question Stats:

76% (00:51) correct 24% (00:27) wrong based on 37 sessions

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Is country X's GDP higher than country Y's GDP?

(1) GDP of the countries X and Y have grown over the past 5 years at a compounded annual rate of 5% and 6% respectively.

(2) Five years ago, GDP of country X was higher than that of country Y.
Manager
Joined: 27 Dec 2016
Posts: 231
Concentration: Marketing, Social Entrepreneurship
GPA: 3.65
WE: Marketing (Education)
Re: Is country X's GDP higher than country Y's GDP? [#permalink]

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22 Sep 2017, 09:59
1
ganand wrote:
Is country X's GDP higher than country Y's GDP?

(1) GDP of the countries X and Y have grown over the past 5 years at a compounded annual rate of 5% and 6% respectively.

(2) Five years ago, GDP of country X was higher than that of country Y.

What is the source of this question?

The first and second statement clearly insufficient.
When we combine the statement, we still cannot get the definite answer.

Example 1 : When GDP X was 1.001 and GDP Y was 1.000, with the 5% and 6% rate, GDP Y will be higher.
Example 2 : When GDP X was 20.000 and GDP Y was 1.000, with the 5% and 6% rate, GDP X will be higher.
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Re: Is country X's GDP higher than country Y's GDP?   [#permalink] 22 Sep 2017, 09:59
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