Economics Today: Macro View (Looseleaf)
Economics Today: Macro View (Looseleaf)
18th Edition
ISBN: 9780133916492
Author: Miller
Publisher: PEARSON
Question
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Chapter 9, Problem 3P
To determine

If the nation’s economic growth rate for the current year be negative, zero or positive

Concept introduction:

Economic growth rate is the rate at which the real GDP of a country grows from one year to another. GDP is the market value of all the goods and services produced in a country in a particular time period and the real GDP is the GDP adjusted to inflation.

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