Question

The US. GDP in 2005 was $12,623.0 billion, and the previous year the GDP was $11,853.3 billion. What was the rate of growth in GDP in 2005?

Answer 1

The US GDP growth in the year 2005 was `6.49 %`

Explanation:

GDP growth in the year 2005 was

`G_g=(12623.0-11853.3)/11853.3*100 ~~ 6.49(2dp)%` [Ans]