Question

During the 2008-2009 financial crisis, the GDP of the USA reduced from $14.72 trillion in 2008 to$14.42 trillion in 2009. What is the percentage change between these two years? Round your answer to the nearest hundredth of a percent. Do not include the percent sign in your answer. For example, if your answer is 15.57%, enter 15.57.

Answer 1

Answer:

2.04

Step-by-step explanation:

The GDP of USA IN 2008 = $14.72 trillion

The GDP of USA IN 2009 = $14.42 trillion

Change in GDP

$14.72 trillion- $14.42 trillion = $0.3 trillion

Percentage Change

($0.3 trillion/$14.72 trillion) x 100%

0.02038 X 100% = 2.038=2.04 approximately