Question: This is based on the latest GDP report, which you can findat https://www.bea.gov/news/glance (look under National Economic Accounts/Gross Domestic Product, and click current release).Answer the

This is based on the latest GDP report, which you can findathttps://www.bea.gov/news/glance(look under National Economic Accounts/Gross Domestic Product, and click current release).Answer the following questions based on this specific report.

For reference, take a look at the growth rate each quarter for the past 30 years here:https://fred.stlouisfed.org/graph/?g=E5O6.Base on this data, which do you conclude happened to our economy this past quarter?

it contracted (shrunk)
it experienced growth, but slower than our long term average
it experienced growth equal to our long term average
it experienced growth faster than our long term average.

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