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Suppose That Real GDP for 2017 Was $10 000 Billion

question 68

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Suppose that real GDP for 2017 was $10 000 billion and real GDP for 2018 was $11 000 billion. What is the rate of growth of real GDP?


Definitions:

Withdrawal Symptoms

These are unpleasant physical or psychological effects that occur after reducing or stopping the intake of a substance that was used heavily or for a long period.

Electric Shock

A sudden discharge of electricity through a part of the body, potentially causing injury or disturbance.

Binge Drinking

The heavy consumption of alcohol over a short period of time, intended to bring blood alcohol concentration to 0.08 grams percent or above.

Tolerance

The process by which the body becomes less responsive to a substance (such as a drug) or a stimulus after repeated exposure.

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