Question

What was the growth rate of real gross domestic product (GDP) from 2011 to 2012?

a. 2 percent
b. 1 percent
c. 5 percent
d. 10 percent

Answer 1

The growth rate of real GDP from 2011 to 2012 cannot be determined without the specific GDP values for those years.

Step-by-step explanation:

The growth rate of real gross domestic product (GDP) from 2011 to 2012 can be calculated by using the formula for percentage change:

Percentage change = (2012 GDP - 2011 GDP) / 2011 GDP x 100%

However, we do not have the GDP values for 2011 and 2012 to perform the calculation. Without this information, we cannot determine the exact growth rate for that specific time period. Therefore, we cannot provide a definitive answer to your question.

Please ensure that you have all the necessary data to calculate the growth rate accurately.