What happened to the USA's economic growth? What is the main contributing factor to this change? Discuss
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Question:
- What happened to the USA's economic growth?
- What is the main contributing factor to this change?
- Discuss in a couple of sentences things that are important for the change in the USA's economic growth.
Table 1
RGDP | Value in $ Billion |
2020 Q1 RGDP | $ 18,989.88 |
2020 Q2 RGDP | $ 17,378.71 |
Note:
Q1: First Quarter
Q2: Second Quarter
Step 3: Use the data in Step 2 to calculate the economic growth from 2020 Q1 to 2020 Q2.
Enter the answer as a percentage (%) in the space below: -8.48
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