12. If the Real GDP for year 1 was $57,900 and for year 2 it was $ 60,000, determine the percentage of economic growth.

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
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12. If the Real GDP for year 1 was $ 57,900 and for year 2 it was $ 60,000, determine the
percentage of economic growth.
Transcribed Image Text:12. If the Real GDP for year 1 was $ 57,900 and for year 2 it was $ 60,000, determine the percentage of economic growth.
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