Using annual data on the BeA, what is the current real gdp growth rate? What does...

Question

Question

Using annual data on the BeA, what is the current real gdp growth rate? What does this mean?

Answer 1

Answer #1

The current real GDP growth rate for the US is increased by 3.4% according to BEA

This means that the economy is growing at the rate of 3.4% faster then the previously recorded real GDP.

Answer 2

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