How does one calculate cumulative GDP growth/decline during the period below, given the following (US) quarterly GDP GROWTH (%) figures? Any help would be appreciated! 2007, Q4: 0.4 2008, Q1: -0.7 2008, Q2: 0.5 2008, Q3: -0.5 2008, Q4: -2.2 2009, Q1: -1.4 2009, Q2: -0.1 Similarly, how does one calculate GDP growth/decline, given the following hypothetical quarterly GDP/CAPITA figures? Q1: 100 Q2: 200 Q3: 180 Q4: 300 Many thanks in advance!
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