§ Mr. Knoxasked the Chancellor of the Exchequer what was the total of outstand-
GROSS DOMESTIC PRODUCT AT CONSTANT FACTOR COST (Average estimate) (a) (b) Percentage Cumulative increase Annual average rate of increase 1973–78 … … … … 4.7 0.9 1974–78 … … … … 6.7 1.6 Source: National accounts statistics
The annual average rates of growth have been calculated by expressing, at a compound rate of growth, the changes in the average of the three measures of GDP between the years 1973 and 1978, and 1974 and 1978 repectively.