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Question 18M.3.HL.TZ0.2f

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Date May 2018 Marks available [Maximum mark: 2] Reference code 18M.3.HL.TZ0.2f
Level HL Paper 3 Time zone TZ0
Command term Calculate Question number f Adapted from N/A
f.
[Maximum mark: 2]
18M.3.HL.TZ0.2f

The following data relate to Country Beta (all figures are in $ billions).

Table 3

(f)

Calculate the real growth rate in 2018 using the figures in Table 4 below.

Table 4

[2]

Markscheme

( 109 99.4 ) × 100 = 109.66

( 107 101.2 ) × 100 = 105.73

( 109.66 105.73 ) = 1.03717

( 1.03717 1 ) × 100

Any valid working is sufficient for [1].

= 3.72 % 

An answer of 3.71 % (due to no early rounding) should also be accepted.

An answer without working is sufficient for [1].