Question
Calculate the annual growth rate of nominal GDP between 2019 and 2020, then again between 2020 and 2021: 2019: $21.3 trillion 2020: $20.9 trillion 2021:
Calculate the annual growth rate of nominal GDP between 2019 and 2020, then again between 2020 and 2021:
2019: $21.3 trillion
2020: $20.9 trillion
2021: $23.0 trillion
Group of answer choices
-1.9% and 10%
20.3% and 19.8%
-0.02% and 0.09%
0.02% and 0.09%
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-0538453714, 538453710, 978-1111415921
