6. How does the current structure affect the threat of cost push inflation or deflation?
There are no inflationary or deflationary signs in recent reports.
7. What is the growth rate of GDP?
The current growth rate of the Gross Domestic Product (GDP), which is the output of goods and services produced by labor and property located in the United States, increased at an annual rate of 3.5% in the first quarter of 2005, according to preliminary estimates released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 3.8%. The major contributors to the increase in real GDP, in the first quarter were personal consumption expenditures, private inventory investment, exports, residential fixed investment, and equipment and software. Imports, which are subtracted from the calculation of GDP, increased.
8. Can you find predications on the future growth rate?
Future GDP growth will be almost entirely at the mercy of future gains of productivity. The productivity growth rate is not an easy number to forecast,...
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