Answer to Question #65609 in Macroeconomics for john
Q GDP (yoy) = (GDPQ-GDPQ-4)/GDPQ, where GDPQ and GDPQ-4 are measured in constant dollars.
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Dear john, exactly.
Brilliant. Thank you for you answer. So for Q4 GDP Growth rate 2016 you would do:
2016 Q4 GDP (yoy) = (2016 Q4 GDP - 2015 Q4 GDP) / 2015 Q4 GDP