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You are given the following information for an economy: Year Real GDP 2005 1,400 2006 1,600 2007 1,100 Calculate the growth rate each year. What

You are given the following information for an economy:

Year Real GDP

2005 1,400

2006 1,600

2007 1,100

Calculate the growth rate each year. What is unique about the growth rate trend for each year?

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