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Question 2 The table below shows the CPI of Malaysia according to region between the years 2010 and 2012. Year Consumer Price Index Peninsular Sarawak
Question 2 The table below shows the CPI of Malaysia according to region between the years 2010 and 2012. Year Consumer Price Index Peninsular Sarawak Sabah 2010 103.5 104.0 103.7 2011 105.6 105.8 105.9 2012 109.7 110.5 110.2 (a) Show the calculation the inflation rates in Peninsular, Sarawak and Sabah in the year 2011 and 2012 (10 marks) (b) Table below shows the nominal GDP and price index of New Zealand in year 2013 and 2014. Year / Items 2013 2014 2015 Price Index 100 105 1 10 Nominal GDP (RM million) 38,000 41,000 42,100 Calculate: 1. The growth rate of nominal GDP between 2013-2014 and 2014- 2015 (4 marks) 1. Real GDP in 2013, 2014 and 2015. (6 marks) ili. The growth rate of real GDP between 2013 - 2014 and 2014- 2015. (5 marks) [25 Mark]
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