Based on the information in the table, the 2021 growth rate is Year 2020 2021 4.8% 4.0% Real GDP $2,545 billion $2,675 billion Price Index 120.00 124.80

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Question 2
Based on the information in the table, the 2021 growth rate is
Year
Real GDP
2020
$2,545 billion
2021 $2,675 billion
4.8%
4.0%
24.8%
5.1%
Price Index
120.00
124.80
Transcribed Image Text:Question 2 Based on the information in the table, the 2021 growth rate is Year Real GDP 2020 $2,545 billion 2021 $2,675 billion 4.8% 4.0% 24.8% 5.1% Price Index 120.00 124.80
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