Question
Suppose that the real GDP increases by 3.7% in the fourth quarter of a year from the third quarter (ie, quarter-on-quarter basis). Equivalently, the economy
Suppose that the real GDP increases by 3.7% in the fourth quarter of a year from the third quarter (ie, quarter-on-quarter basis). Equivalently, the economy grows by an annualized _______% in the fourth quarter.
a. 14.8%. b. 15.6%. c. 3.7%. d. 21.3%.
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
