C I G NX Price Yr1 1000 156 560 52 4 Yr2 1300 159 600 52 5 Yr3 2000 169 690 53 6 Yr4 2900 180 880 53 7 -What will the percent rate of change in real GDP be from year 1 to year 2, from year 2 to year 3, and from year 3 to year 4. (round to the whole number for all calculations and final answers) -State how long it will take for real GDP to double in size.
C I G NX Price
Yr1 1000 156 560 52 4
Yr2 1300 159 600 52 5
Yr3 2000 169 690 53 6
Yr4 2900 180 880 53 7
-What will the percent rate of change in real GDP be from year 1 to year 2, from year 2 to year 3, and from year 3 to year 4. (round to the whole number for all calculations and final answers)
-State how long it will take for real GDP to double in size.
Step by step
Solved in 3 steps