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SOLVED: The velocity of circulation is growing at 4 percent a year, the real interest rate is 3 percent a year, the nominal interest rate is 13 percent a year, and the
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![SOLVED: 19. Table below shows nominal GDP the GDP deflator and the population for the U Sfor 2019and 2020 Year Nominal GDPIGDP deflators] Population in billions) 1987 100 (in millions) 20191 4567](https://cdn.numerade.com/ask_images/f844dbf0ae894ad291de41ec44c75981.jpg "SOLVED: 19. Table below shows nominal GDP the GDP deflator and the population for the U Sfor 2019and 2020 Year Nominal GDPIGDP deflators] Population in billions) 1987 100 (in millions) 20191 4567")
SOLVED: 19. Table below shows nominal GDP the GDP deflator and the population for the U Sfor 2019and 2020 Year Nominal GDPIGDP deflators] Population in billions) 1987 100 (in millions) 20191 4567
How to Calculate Annualized GDP Growth Rates: 12 Steps
