Which formula correctly calculates the economic growth rate from the year 2001 to 2002?

Show Answers

[(GDP in 2002 + GDP in 2001) / GDP in 2001] × 100[(GDP in 2002 minus GDP in 2001) multiplied by GDP in 2001] × 100[(GDP in 2002 minus GDP in 2001) divided by GDP in 2001] × 100[(GDP in 2001 minus GDP in 2002)] × 100

Explanation

Option A shows the formula as [(GDP in 2002 + GDP in 2001) divided by GDP in 2001] multiplied by 100. Other options either use incorrect operations or omit necessary division, making them invalid for calculating economic growth.