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Reading two articles from july 2019 to January 2020 on US economic growth WHAT is the likelihood of a 2.9% annual GDP growth rate over the next 10 years. Discuss and explain what the other possible GDP outcomes are? What will be the economic factors necessary to sustain this kind of long term growth? Discuss and be specific. If inflation is likely then nominal GDP will increase, but what about real GDP which is the real key growth indicator? What is the likelihood of over 2% inflation? Explain.
Will and has'Trump's tariff decisions' affect economic growth? Why/Why not? What is the difference between growth rate and percent change in the rate of growth? Provide an economic explanation with an example (i.e. not one using population etc.)
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