§ Mr. Arthur Lewisasked the Chancellor of the Exchequer to what extent the improvement in the gross national product to £42,667 million in 1970 from £38,913 million in 1969 took place between June and December, 1970.
§ Mr. Higgins: The latest estimates show an increase in gross national product at factor cost of £3,817 million between 1969 and 1970. Between June and December, 1970, the increase over the corresponding period of 1969 was £2,215 million, seasonally adjusted.
§ Mr. Arthur Lewisasked the Chancellor of the Exchequer what was the gross national product for the first six months of 1971.
§ Mr. Higgins: The figures are not yet available.
§ Mr. Deakinsasked the Chancellor of the Exchequer what estimate he has made of the rate of growth of the gross national product during any transition period 216W before European Economic Community membership.
§ Mr. Higgins: It is not possible to make a quantitative forecast of the rate of growth over the transitional period from 1973 to 1977. The Government are confident that membership of the Community will have a beneficial effect upon the growth of the economy in that period.