In 2008, real GDP in the United States was $13,312 billion. In 2009, real GDP in the United States was $13,112 billion. What was the U.S. economic growth rate from 2008 to 2009? O A. 0.98 percent O B. - 1.5 percent OC. $200 million O D. 0.12 percent O E. 1.5 percent

In 2008, real GDP in the United States was $13,312 billion. In 2009, real GDP in the United States was $13,112 billion. What was the U.S. economic growth rate from 2008 to 2009? O A. 0.98 percent O B. - 1.5 percent OC. $200 million O D. 0.12 percent O E. 1.5 percent

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 20RQ: For a high-income economy like the United States, what aggregate production function elements are...

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Question

In 2008, real GDP in the United States was $13,312 billion. In 2009, real GDP in the United States was $13,112 billion. What was the U.S. economic growth rate from 2008 to 2009?
O A. 0.98 percent
O B. -1.5 percent
C. $200 million
O D. 0.12 percent
O E. 1.5 percent
Click to select your answer.
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