Direction for question 1 to 4: refer to the following table and solve the questions based on it.

The following charts show the sector wise percentage break-up of $ 650 billion, which is the GDP of the country with a population of 12 billion people. 70 percent of the population of the country constitutes its working population, engaged in the various sectors of the economy and contribution to the GDP.

Productivity is defined as the average amount contributed to the GDP per person in that group or sector.

In the next year, the work force engaged in each of the sectors maintains its productivity at the same level. If there is an increase of 5 percent in the work-force for each of the sectors, then the productivity of the country has:

Option 1 -

Increased

Option 2 -

Decreased

Option 3 -

Remained same

Option 4 -

Cannot be determined

4 Views | Posted 3 months ago

Asked by Shiksha User

1 Answer

Answered by

Vishal Baghel | Contributor-Level 10

3 months ago

Correct Option - 4

Detailed Solution:

Population = 12 billion = > working population = 0.7 * 12 = 8.4 billion.

	Contribution to GDP ($ billion)	Number of People (billion)	Productivity ($/Person)
Agriculture	= 0.27 of 650 = 175.5	= (22/36) of 8.4 = 5.13	34.2
Manufacturing	= 0.22 of 650 = 143	= (9/36) of 8.4 = 2.1	68.1
Services	= 0.51 of 650 = 331.5	= (5/36) of 8.4 = 8.4	284.1
Working population	650	= 0.7 of 12 = 8.4	77.4
Total population	650	12	54.2

Since we do not know anything about the non-working population, we cannot determine the answer.

Population = 12 billion = > working population = 0.7 * 12 = 8.4 billion. <table border="1" cellspacing="0" cellpadding="0"><tbody><tr><td valign="top" width="134"> </td><td valign="top" width="130">Contribution to GDP ($ billion)</td><td valign="top" width="105">Number of People (billion)</td><td valign="top" width="102">Productivity ($/Person)</td></tr><tr><td valign="top" width="134">Agriculture</td><td valign="top" width="130">= 0.27 of 650= 175.5</td><td valign="top" width="105">= (22/36) of 8.4= 5.13</td><td valign="top" width="102">34.2</td></tr><tr><td valign="top" width="134">Manufacturing</td><td valign="top" width="130">= 0.22 of 650= 143</td><td valign="top" width="105">= (9/36) of 8.4= 2.1</td><td valign="top" width="102">68.1</td></tr><tr><td valign="top" width="134">Services</td><td valign="top" width="130">= 0.51 of 650= 331.5</td><td valign="top" width="105">= (5/36) of 8.4= 8.4</td><td valign="top" width="102">284.1</td></tr><tr><td valign="top" width="134">Working population</td><td valign="top" width="130">650</td><td valign="top" width="105">= 0.7 of 12= 8.4</td><td valign="top" width="102">77.4</td></tr><tr><td valign="top" width="134">Total population</td><td valign="top" width="130">650</td><td valign="top" width="105">12</td><td valign="top" width="102">54.2</td></tr></tbody></table>Since we do not know anything about the non-working population, we cannot determine the answer.

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