If real GDP for the United States in 2019 is $8.4 trillion and if real GDP...
If real GDP for the United States in 2019 is $8.4 trillion and if real GDP in 2018 was $8.0 trillion, then the economic growth rate of real GDP is:
Homework Answers
Answer
The economic growth rate of real GDP=( ( real GDP in the year - RGDP of last year)/RGDP of last year)*100
the economic growth rate of real GDP is=((8.4-8)/8)*100
=5
the economic growth rate of real GDP is 5%
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If real GDP for the United States in 2019 is $8.4
trillion and if real GDP...
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Question 3
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Question 3
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