Find the percentage increase in real GDP

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Reference no: EM131379867

GDP rises from $6 trillion in 1986, the base year, to $18 trillion in 1989. The GDP deflator in 1989 is 200. Find real GDP in 1989. Find the percentage increase in real GDP between 1986 and 1989.

Instructions: Round your answer to three decimal places.

Real GDP in 1989 : $ _______ trillion.

Instructions: Enter your answer as a percentage rounded to one decimal place.

Percentage increase in real GDP between 1986 and 1989 : ______%.

Reference no: EM131379867

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