Question: Use the information in the table below to calculate the percentage change in real GDP from 2007 to 2008, from 2008 to 2009, and from
Use the information in the table below to calculate the percentage change in real GDP from 2007 to 2008, from 2008 to 2009, and from 2009 to 2010.
Real............................................................. GDP Year (Billions of 2005 dollars)
2007............................................................. $13,206
2008.................................................................. $13,162
2009.................................................................. $12,703
2010.................................................................. $13,088
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