If the Bureau of Economic Analysis reports that the annualized U.S. growth rate was 2.5% for the second quarter in a given year, then the actual growth rate from the first quarter to the second quarter was

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The annualized growth rate is the rate at which the economy would grow over a year if it grew at this quarterly rate for each of the four quarters. To find the actual quarterly growth rate, you divide the annualized rate by 4 (since there are 4 quarters in a year). Therefore, 2.5% divided by 4 equals 0.625%.

If the Bureau of Economic Analysis Reports That the Annualized