.From 2015-2019, the Austrian accommodation and food services industries have grown in real terms by 4.1 %, the Austrian economy as a whole has grown by 8.7 %. Which of the following statements is true? a) Total production of the accommodation and food services industries in 2019 was larger than in 2015. b) Total production of the accommodation and food services industries has grown faster than the rest of the economy. c) The question can’t be answered because inflation is not corrected for. d) From the given numbers it follows that the sum of tourism receipts has grown during the respective period. e) During that period the contribution of the accommodation and food services industries to the Austrian economy has relatively decreased.
5.From 2015-2019, the Austrian accommodation and food services industries have grown in real terms by 4.1 %, the Austrian economy as a whole has grown by 8.7 %. Which of the following statements is true?
a) Total production of the accommodation and food services industries in 2019 was larger than in 2015.
b) Total production of the accommodation and food services industries has grown faster than the rest of the economy.
c) The question can’t be answered because inflation is not corrected for.
d) From the given numbers it follows that the sum of tourism receipts has grown during the respective period.
e) During that period the contribution of the accommodation and food services industries to the Austrian economy has relatively decreased.
Step by step
Solved in 4 steps
