annual growth in us private - sector gdp\nhow did the goods - producing sector of the us gdp change between…
annual growth in us private - sector gdp\nhow did the goods - producing sector of the us gdp change between 2010 and 2011?\nit fell by 0.3%.\nit fell by 2.3%.\nit rose by 2.3%.\nit rose by 0.6%.
Answer
Explanation:
Step1: Identify goods - sector values
In 2010, the growth rate of the goods - producing sector is approximately 2.8%. In 2011, it is approximately 0.5%.
Step2: Calculate the change
Subtract the 2010 value from the 2011 value: $0.5 - 2.8=- 2.3$. The negative sign indicates a fall.
Answer:
It fell by 2.3%.