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August 20, 2025, 09:42:00 pm
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Author Topic: Macroeconomics Help!  (Read 985 times)  Share 

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Deleted User

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Macroeconomics Help!
« on: August 17, 2013, 04:08:42 pm »
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Hi guys. If I'm given an annualised real GDP growth figure, how do I convert that figure into a quarterly real GDP growth figure?

Eg. If annualised real GDP decreased by 1.4% for the quarter, what is that in terms of quarterly growth?

Thanks.
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chasej

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Re: Macroeconomics Help!
« Reply #1 on: August 18, 2013, 02:08:23 pm »
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Quote from: Deleted User on August 17, 2013, 04:08:42 pm
Hi guys. If I'm given an annualised real GDP growth figure, how do I convert that figure into a quarterly real GDP growth figure?

Eg. If annualised real GDP decreased by 1.4% for the quarter, what is that in terms of quarterly growth?

Thanks.

The annualized rate is simply a rate from one month converted to make it a year on year rate. This is usually done by multiplying a quaterly  rate by 4. Quite inaccurate as it takes into account changes from only one month. Therefore to convert a annualized rate to a quarterly rate you need to divide by 4 the annualized rate.

Using your example -1.4/4=quarterly rate.
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clueless123

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Re: Macroeconomics Help!
« Reply #2 on: August 18, 2013, 02:21:49 pm »
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I'm not sure if this is your question; but to change an annualized growth figure to a quarterly figure, you use the formula:
(1+annualized growth)^1/4   - 1
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Hancock

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Re: Macroeconomics Help!
« Reply #3 on: August 18, 2013, 06:51:05 pm »
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Did people get 1.6% for the GDP of 2012-2013 March Quarter USA? These tables are screwing with me hard.
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