Register

If nominal gdp for 2009 is $6400 billion and nominal gdp for 2010 is $6720 billion, then the growth rate of real gdp is:_________

If nominal gdp for 2009 is $6400 billion and nominal gdp for 2010 is $6720 billion, then the growth rate of real gdp is:_________
asked 116k views
3 votes
If nominal gdp for 2009 is $6400 billion and nominal gdp for 2010 is $6720 billion, then the growth rate of real gdp is:_________

asked
User Kevin Grant
by
7.6k points

1 Answer

3 votes

Answer:

The growth rate of real GDP= Yt-Yt-1/Yt-1 x 100

6720-6400/6720 x 100

= 476.19%

answered
User Strickli
by
7.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
Link Copied!