A vehicle manufactured in the summer of 2009 and sold in December of 2012 would be included in the GDP for the 2009 calendar year.
GDP grew at a rate of -2.5% in 2009.To put it another way, the economy shrank by 2.5%.8 The changes in real GDP from one quarter to the next are measured by this.The optimal rate of GDP growth is between 2% and 3%.
How was the expansion of the economy in 2009?
In the six months prior to March 2009, the global economy contracted by 3.2%, resulting in the loss of millions of jobs and significant declines in asset prices.To increase demand, governments responded by cutting interest rates, expanding the money supply, and increasing public spending.
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