Economists often are interested in percentage change from one period to the next. the percentage rate of change of gross domestic product (gdp) is an important macroeconomic variable. if in 2010 gdp was $11,150 billion dollars, and gdp increased to $11 comma 78011,780 million in 2011, what is the growth rate of the u. s. economy in 2011?

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of