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Assume the following. In 2008, the U.S. had real GDP of $16.8 trillion and the CPI was at 90.76. At the end of 2018, real

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Assume the following. In 2008, the U.S. had real GDP of $16.8 trillion and the CPI was at 90.76. At the end of 2018, real GDP in the US was $20.8 trillion and the CPI was at 104.62. Calculate the compounded(geometric) growth rate for this 10-year period. (Use Excel to answer this question. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Real GDP Annualized Growth CPI Annualized 98

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