Question

Look at the following chart summarizing NGDP and RGDP for the U.S. in billions of dollars....

Look at the following chart summarizing NGDP and RGDP for the U.S. in billions of dollars.

Year

NGDP

RGDP

2000

10,284.8

12,559.7

2001

10,621.8

12,682.2

2002

10,977.5

12,908.8

2003

11,510.7

13,271.1

2004

12,274.9

13,773.5

2005

13,093.7

14,234.2

2006

13,855.9

14,613.8

2007

14,477.6

14,873.7

2008

14,718.6

14,830.4

2009

14,418.7

14,418.7

2010

14,964.4

14,783.8

2011

15,517.9

15,020.6

2012

16,155.3

15,354.6

2013

16,663.2

15,583.3

2014

17,348.1

15,961.7

2015

17,942.9

16,345.0

Source: Bureau of Economic Analysis

Calculate the annual growth rate of NGDP and RGDP in 2005.

Calculate the annual growth rate of NGDP and RGDP in 2015.

The annual growth rate of NGDP in 2015 was ______ than in 2005, and the annual growth rate of RGDP in 2015 was ______ than in 2005.

Group of answer choices

larger; larger

smaller; smaller

larger; smaller

smaller; larger

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