Question
You have the following information about economic developments in the US Nominal GDP Real GDP (Base year: 2012 = 100) 2017 $ 19,479,625 $ 18,079,075
You have the following information about economic developments in the US
| Nominal GDP | Real GDP (Base year: 2012 = 100) | |
| 2017 | $ 19,479,625 | $ 18,079,075 |
| 2018 | $ 20,527,150 | $ 18,606,800 |
| 2019 | $ 21,372,600 | $ 19,032,675 |
| 2020 | $ 20,893,750 | $ 18,384,700 |
| 2021 | $ 22,939,580 | $ 19,482,772 |
Based on the available information, the real growth (2 decimals) in 2021 was
4.35%
4.84%
5.97%
5.38%
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliv
9th Edition
130898414, 9780132997379, 978-0130898418, 132997371, 978-0132569309
