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List the components of GDP in the output (expenditures) approach. Please calculate the growth rate based on the following information: U.S. GDP 2024 = 19.1
List the components of GDP in the output (expenditures) approach. Please calculate the growth rate based on the following information: U.S. GDP 2024 = 19.1 trillion dollars U.S. GDP 2023 = 18.8 trillion dollars U.S. GDP 2022 = 18.5 trillion dollars What is the growth rate between 2023 and 2024? What is the growth rate between 2022 and 2024? Using the chart below, calculate the following: Table of GDP Deflator Year Consumer Government Investment Net Exports Quantity Price Quantity Price Quantity Price Quantity Price 2023 50 billion $20 24 billion $10 10 billion $25 -3 billion $1 2024 65 billion $20 28 billion $15 14 billion $20 -5 billion $1
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