What was the growth rate of real GDP between  2016 & 2017? & What was the growth rate of nominal GDP between 2016 & 2017?   Year Price of Books Quantity of Books Price of Socks Quantity of Socks Nominal GDP Real GDP GDP Deflator CPI Inflation Rate 2015 10 120 12 200 3600 3600 100 100 - 2016 12 300 15 200 6600 5400 122.22 183.33 83.33 2017 14 275 18 180 7090 4910 144.40 196.94 7.42

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What was the growth rate of real GDP between  2016 & 2017? &

What was the growth rate of nominal GDP between 2016 & 2017?

 

Year Price of Books Quantity of Books Price of Socks Quantity of Socks Nominal GDP Real GDP GDP Deflator CPI Inflation Rate
2015 10 120 12 200 3600 3600 100 100 -
2016 12 300 15 200 6600 5400 122.22 183.33 83.33
2017 14 275 18 180 7090 4910 144.40 196.94 7.42
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