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In a particular economy, the GDP at current prices in 2000 was 7,000 billion, and the GDP at current prices in 2001 was 8,316 billion.
In a particular economy, the GDP at current prices in 2000 was 7,000 billion, and the GDP at current prices in 2001 was 8,316 billion. Between 2000 and 2001, the consumer price index increased from 100 to 130, the prices of imported products increased by 20%, and the GDP-deflator increased from 100 to 110. What is the annual economic growth rate from 2000 to 2001?
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