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2.2 (Q7) Measuring 17,, and )7, A real-world problem faced by policimakers, forecasters, and businesses every day is how to judge the state of the

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2.2 (Q7) Measuring 17,, and )7, A real-world problem faced by policimakers, forecasters, and businesses every day is how to judge the state of the economy. Consider the table below, showing hypothetical measures of real GDP for each quarter (three-month period) in the coming years, starting at a level of %25.0 trillion in 2023Q1 (the rst quarter of 2023). (You may nd it easier to answer these questions using a spreadsheet program. The excel le is attached on Canvas. This is also a good chance for you to try working with a new programming language you learn.) (1) (2)

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