If the growth rate using 2015 as a base year is 3, and the growth rate using 2020 as a base year is -6. Using the new procedure of the Bureau of Economic Analysis (BEA). what is the growth rate in the real GDP? Answer:

If the growth rate using 2015 as a base year is 3, and the growth rate using 2020 as a base year is -6. Using the new procedure of the Bureau of Economic Analysis (BEA). what is the growth rate in the real GDP? Answer:

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 8SQP

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Question

If the growth rate using 2015 as a base year is 3, and the growth rate using 2020 as a
base year is -6. Using the new procedure of the Bureau of Economic Analysis (BEA),
what is the growth rate in the real GDP?
Answer:

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