What is the growth rate between 2021 and 2022

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Reference no: EM133217002

Question 1: List the components of GDP in the output (expenditures) approach.

Please calculate the growth rate based on the following information:
U.S. GDP 2022 = 22.1 trillion dollars

U.S. GDP 2021 = 20.3 trillion dollars

U.S. GDP 2020 = 19.1 trillion dollars

Question 2: What is the growth rate between 2021 and 2022?

Question 3: What is the growth rate between 2020 and 2022?

Question 4: Using Google, what are the 2021 GDP for the following countries: Vietnam, Indonesia, Brazil and Russia? Compare the GDPs from question 3 to the U.S. and provide your analysis?

Reference no: EM133217002

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