Use the information in the table below to calculate the percentage change in real GDP from 2007
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 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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From 2007 to 2008 the percentage change in real GDP was 13162 billion ...View the full answer
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Related Book For 
Macroeconomics Principles and Applications
ISBN: 978-1111822354
6th edition
Authors: Robert E. Hall, Marc Lieberman
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