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Based on this table, calculate GDP and growth rates. Items20102011 Aggregate hours (billions)240.6238.8 Real GDP (billions of 2010 dollars)9,1919,215 1.Calculate the growth rate of real

Based on this table, calculate GDP and growth rates.

Items20102011

Aggregate hours (billions)240.6238.8

Real GDP (billions of 2010 dollars)9,1919,215

1.Calculate the growth rate of real GDP in 2011.

2.Calculate labor productivity in 2010 and 2011.

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