CONFIDENTIAL
Revised workings
for Question 3:
(a) Deflator:
as f*~
148
163
(1966=100)
(1966 * 100)
1972
145
1972/73
1973
127
1973/74
1974
1811⁄2
1974/75
1975
181%
1998/76
*
1976
189 or 194
ker 194
1976/77
GDP Estimates (indexes for
/
fixed capital formation, averaged).
first quarter
1979/80
181%
18.3 (perhaga 18111⁄2 better in view of recoman
}
...
pebki amproditare rabimishes kan these ***** ab 1976 quarterĥ priima. Government consumption expenditure and
Ad im 1472, allowing for recussion
* implicit in Despatch, taking index for 1972/73 m 148.
(6)
Rabe of growth of public expenditure, in real terms:
Public experditure"
(MM $ million)
Dettator
(Indem, 1966 2100)
Expenditure uk
1472/23 (1 million)
grow
domestic
Coincrease in rent supendikare în praniem ¿***
11
42/72
3885
3864
73/74
16.3
4607
18.6
74/25
6622
75/76
6778
18112 1812 (123)
5400
17.2
5527 (5482)
2.4 (1.5)
76/77
8224
189/194
6440/6274
16-5/13.5 (05527)
Annual average 72/73 −76/77 ; _124-131⁄4/2* (4 years)
77/18
77/43
184/194
7160/6975
18/74
7844
189/194
7709/7510.
79/80
10511
189/194
8231/8019
11.2
7.7
X
6.8
Annual
average 12/13 - 79/80: „boutil 4×
(7 years)
as fer
Questions land 2.
Figures in Despatch imply
growth for 1925/76
average of 131% (which includes the slow rate
GDP MI974
and 1975 didmat inurekst .t
T
ll, in een
altermey
over the period 1977/78-1979/80, GDP in projected to incresse
terma).
than 6%%%
"gene in
X
as por original Question 5, becomes 13-13% %.
it rater of increase for 1978/79 and 1979/80 axe
annual
14.4% and 14.27 respectively
them
average for the your period 1992/s2 to 1979/80
CONFIDENTIAL
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