Look at the following chart summarizing NGDP and RGDP for the U.S. in billions of dollars.

Year	NGDP	RGDP
2000	10,284.8	12,559.7
2001	10,621.8	12,682.2
2002	10,977.5	12,908.8
2003	11,510.7	13,271.1
2004	12,274.9	13,773.5
2005	13,093.7	14,234.2
2006	13,855.9	14,613.8
2007	14,477.6	14,873.7
2008	14,718.6	14,830.4
2009	14,418.7	14,418.7
2010	14,964.4	14,783.8
2011	15,517.9	15,020.6
2012	16,155.3	15,354.6
2013	16,663.2	15,583.3
2014	17,348.1	15,961.7
2015	17,942.9	16,345.0

Source: Bureau of Economic Analysis

Calculate the annual growth rate of NGDP and RGDP in 2005.

Calculate the annual growth rate of NGDP and RGDP in 2015.

The annual growth rate of NGDP in 2015 was ______ than in 2005, and the annual growth rate of RGDP in 2015 was ______ than in 2005.

Group of answer choices

larger; larger

smaller; smaller

larger; smaller

smaller; larger

Answer rating: 100% (QA)

Answer To calculate the annual growth rate AGR of NGDP and RGDP for ... View the full answer