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    GDP Percentage Change Computation and Trends

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    I need help calculating GDP and trends, please.

    Calculate the percentage change between the first and last years for each of the questions. What trends do you see?
    ** Please see the attached file for the data set **

    © BrainMass Inc. brainmass.com October 10, 2019, 5:40 am ad1c9bdddf
    https://brainmass.com/economics/investments/gdp-percentage-change-computation-trends-513691

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    ** Please see the attached file for the complete solution response **

    Formula used in the computation of percentage change is:

    Percentage change = (Present data - Past data) / Past data * 100%
    Hence, the GNP percentage change from 1997 to 1998 is:
    GNP for 1997 is 8,332.40 (This is the past data.)
    GNP for 1998 is 8,793.5 (This is the present data.)

    So, applying the formula:
    Percentage change = (Present data - Past data) / Past data * ...

    Solution Summary

    The solution shows how to for the percentage change of GDP data. Trends and patterns were identified base on the given data.

    $2.19