GDP and the Measurement of Progress - Discovering Data The accompanying graph depicts quarterly Real GDP in the United States. Real GDP is measured in billions of dollars. ALFRED. Il 17,200 16,800 16,400 16,000 15,600 Q3 2005: 14,291.757 14,800 14,400 14,000 13,600 $ Billions of Chained 2009 Dollars 2006 1950 2008 billion 2010 1075 2012 What was the highest level of real GDP prior to the 2008 recession? Enter your answer in billions of dollars and round your answer to one place after the decimal. Source: U.S. Bureau of Economic Analysis 2014 2016
GDP and the Measurement of Progress - Discovering Data The accompanying graph depicts quarterly Real GDP in the United States. Real GDP is measured in billions of dollars. ALFRED. Il 17,200 16,800 16,400 16,000 15,600 Q3 2005: 14,291.757 14,800 14,400 14,000 13,600 $ Billions of Chained 2009 Dollars 2006 1950 2008 billion 2010 1075 2012 What was the highest level of real GDP prior to the 2008 recession? Enter your answer in billions of dollars and round your answer to one place after the decimal. Source: U.S. Bureau of Economic Analysis 2014 2016
Chapter1: Making Economics Decisions
Section: Chapter Questions
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