During 2017 and 2018, nominal GDP in the United States grew by 4.3%, and the rate...

 

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During 2017 and 2018, nominal GDP in the United States grew by 4.3%, and the rate of inflation was 1.9%. What was the growth rate of real GDP between the two years? During 2017 and 2018, nominal GDP in the United States grew by 4.3%, and the rate of inflation was 1.9%. What was the growth rate of real GDP between the two years?

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To find the growth rate of the real GDP given the nominal GDP growth and the inflation rate we can a... View the full answer