Use the data presented in the following table to calculate the growth rate for nominal GNP, GNP
Question:
Use the data presented in the following table to calculate the growth rate for nominal GNP, GNP deflator, and real GNP using MINITAB
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Year 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 Nominal GNP 1,676.2 1,991.1 2,249.2 2,509.2 2,731.3 3,053.9 3,166.0 3,407.0 3,771.0 4,013.1 4,231.0 4,514.4 4,872.5 5,200.7 5,464.9 GNP deflators 59.3 67.3 72.2 78.6 85.7 94.0 100.0 103.9 107.7 110.9 113.8 117.4 121.3 126.3 131.5 Real GNP 2,826.7 2,958.6 3.115.2 3,192.4 3,187.1 3,248.8 3,166.0 3,279.1 3,501.4 3,618.7 3,717.9 3,845.3 4,016.9 4,117.7 4,155.8
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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