Mindtap Economics, 1 Term (6 Months) Printed Access Card For Arnold's Macroeconomics, 13th
Mindtap Economics, 1 Term (6 Months) Printed Access Card For Arnold's Macroeconomics, 13th
13th Edition
ISBN: 9781337621397
Author: Arnold, Roger A.
Publisher: Cengage Learning
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Chapter 7, Problem 10WNG
To determine

Estimate the economic growth rate.

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If real GDP in year 1 is $487 billion and it is $498 billion in year 2, what is the economic growth rate equal to?
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