§ Mr. Deakinsasked the Chancellor of the Exchequer if there has been any significant change in the last decade in the proportion of gross domestic product taken up by wages and salaries.
§ Mr. BrittanThe proportion of gross domestic product taken up by wages and salaries varies according to the stage in the economic cycle. In each of the years 1970 to 1980 it was as follows:
Per cent.* 1970 61.5 1971 60.4 1972 59.4 1973 58.7 1974 61.1 1975 62.9 1976 60.2 1977 58.0 1978 57.5 1979 58.3 1980 59.9 * Proportion of income based measure of gross domestic product at factor cost. Wages and salaries exclude the pay of Her Majesty's Forces.. Source: National Income and Expenditure 1981 Edition Tables 1.2 and 4.1.