Question

If I have a table like this one: ALREADY HAVE NUMBER IN SIDE IT

Year	GDP (current USD)	GDP (constant 2010 USD)	Population	GDP per capita (current USD)	GDP per capita (constant 2010 USD)	Unemployment rate	Inflation rate
2012
2013
2014
2015
2016

and I have a question like this:

From all the figures obtained and calculated above which year would you consider as the best among these five years, and state your reason?

depend on which information in the table I have to compare to get the right answer? I dont Understand the concept to solve  

Answer 1

Ans: We should consider the best among these five years which has the following features:

• Constant GDP or Real GDP is highest among all of the years.
• Population has a constant growth or stable
• GDP per capita is highest
• Low unemployment rate
• Low or stable inflation rate.

The reason for choosing these features is that, all these features show that the country is growing at a very good rate and it is continuously growing.

Real GDP is highest among all of the year shows that there is a real growth in gdp.

Population has a constant growth or stable, shows that the labor stock is not decreasing or if increasing than at a sustainable rate.

GDP per capita is increasing means, GDP per worker is increasing.

Low unemployment means more employment, everyone is getting job.

Low inflation rate means the economy is stable and the real value of the economy is sustained.