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Question: 1 the following question deals with calculating gdp growth the...

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1. The following question deals with calculating GDP growth. The following table contains data on annual real GDP in 5 economies for 2007-2010. All data are from the World Bank website. Country/Year German Greece Ital Portugal United States 2007 3064.03 270.35 1918.57 205.36 13681.97 2008 3097.19 269.45 1898.43 205.77 13642.081 2009 257.86 199.64 2010 3042.43 243.73 1825.06 203.43 2923.17 1794.37 13263.4413599.26 a. For each country, calculate the annual growth rate of real GDP for the years 2008- b. Can you conclude that the world is integrated from the table you created? How?

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