Annual revenue for Corning Supplies grew by 5.5% in 2014; 1.1% in 2015; –3.5% in 2016; –1.1% in 2017; and 1.8% in 2018. What is the mean growth annual rate over this period? Round your answer to four decimal places. Do not round intermediate calculations.

Suppose the GDP deflator was 200 in 2008 and 190 in 2009. In addition, nominal GDP was 1% lower in 2009 than in 2008. Given this information, the approximate. rate of real GDP growth in 2009 was: O 3% 4% O 5% 6%

Suppose that the returns to education are 13.4% per year for the first four years of schooling (grades 1–4), 10.1% per year for the next four years (grades 5–8), and 6.8% per year for education beyond eight years. In a certain country, everyone in the labor force in the year 2000 had 12 years of education. In 1950 everyone in the labor force had 4 years of education. What was the average annual growth in income per worker that was due to the increase in education?

C                      I                         G                               NX              Price                                                              Yr1                               1000                   156                     560                           52                    4   Yr2                                1300                  159                     600                           52                    5   Yr3                                 2000                  169                    690                           53                   6   Yr4                               2900                   180                     880                           53                    7   -What will the percent rate of change in real GDP be from year 1 to year 2, from year 2 to year 3, and from year 3 to year 4. (round to the whole number for all calculations and final answers) -State how long it will take for real GDP to double in size.