Answer:
The real GDP growth rate in this country in the year 2019 is -5.26%
Explanation:
The computation of the real GDP growth rate for the year 2019 is shown below:
= (GDP in 2019 - GDP in 2018) ÷ (GDP in 2018)
= ($1.62 trillion - $1.71 trillion) ÷ ($1.71 trillion)
= -5.26%
Hence, the real GDP growth rate in this country in the year 2019 is -5.26%
We simply applied the above formula and the same is to be considered
