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Use the data in the table above to calculate the economic growth rate for the United States from 2008 to 2009. Give your answer
Use the data in the table above to calculate the economic growth rate for the United States from 2008 to 2009. Give your answer to two decimals. Note that all data is from the end of the year specified. % Nominal GDP (billions of GDP Population Date current $) deflator growth 2007 $14,061.8 106.30 1.01% 2008 14,369.1 108.62 0.93% 2009 14,119.0 109.61 0.87% 2010 14,660.4 110.66 0.90%
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Basic Business Statistics Concepts And Applications
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
12th Edition
132168383, 978-0132168380
