1) the components of GDP in the output (expenditures) approach. 2) calculate the growth rate based on the following information: GDP 2017 = 19.1…

1) the components of GDP in the output (expenditures) approach.

2) calculate the growth rate based on the following information:

U.S. GDP 2017 = 19.1 trillion dollars

U.S. GDP 2016 = 18.8 trillion dollars

U.S. GDP 2015 = 18.5 trillion dollars

What is the growth rate between 2015 and 2016?

What is the growth rate between 2016 and 2017?