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1. Calculate the annual growth rate of nominal GDP in the following examples: Nominal GDP in 1930: $97 billion. Nominal GDP in 1931: $84 billion.

1. Calculate the annual growth rate of nominal GDP in the following examples:

Nominal GDP in 1930: $97 billion. Nominal GDP in 1931: $84 billion.

Nominal GDP in 2000: $9,744 billion. Nominal GDP in 2001: $10,151 billion.

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