Question
SHORT ANSWER Calculate the (a) the nominal GDP growth rate, and (b) the real GDP growth rate for the following countries (all figures are listed
SHORT ANSWER
Calculate the (a) the nominal GDP growth rate, and (b) the real GDP
growth rate for the following countries (all figures are listed in nominal
US$, in trillions. 2018 is the base year:
GDP, in trillions
Country 2019 2018
China 13894.8175 14279.9375
Sweden 555.455371 530.883869
Singapore 373.217082 372.062527
United States 20580.1598 21433.226
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Macroeconomics Policy And Practice
Authors: Frederic Mishkin
2nd Edition
0133424316, 978-0133424317
