Question

The current GDP growth rate is -1%. Last year it was 2.1%. What does this tell you about the
economy? Explain. (1 point)

It is healthy because any growth rate in the past two years shows a successful
economy.

It is not healthy and contracting because there was negative growth this year.

It is not healthy and contracting because there has been poor growth for two
years.

It is healthy because any growth rate over -5% is considered positive for a
large economy.

Answer 1

It is not healthy and contracting because there has been poor growth for two years.