Calculate the annual growth rate of nominal gdp in the, Macroeconomics

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Calculate the annual growth rate of nominal gdp in the

Calculate the annual growth rate of nominal GDP in the following examples: Nominal GDP in 1930: $97 billion. Nominal GDP in 1931: $84 billion.

Nominal GDP in 1931: $84 billion. Nominal GDP in 1932: $68 billion. Nominal GDP in 2000: $9,744 billion. Nominal GDP in 2001: $10,151 billion.

(Source: Historical Tables, Budget of the United States Government, Congressional Budget Office.)

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