The Volume of Transactions Is

question 69

Multiple Choice

The volume of transactions is

• A)greater than GDP, because GDP does not include purchases of assets.
• B)greater than GDP, because GDP does not include spending by the government.
• C)smaller than GDP, because GDP includes purchases of assets which are not included in the volume of transactions.
• D)smaller than GDP, because data on the volume of transactions are published monthly, whereas data on GDP are published annually.

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Definitions:

Conjugate Base

The resulting species after a proton has been given up by an acid in a chemical reaction.

Phenol

An aromatic organic compound with the molecular formula C6H5OH, featuring a phenyl group bonded to a hydroxyl group.

Trifluoromethanesulfonic Acid

A strong acid often used in organic chemistry syntheses, recognized for its powerful protonating ability.

Methanesulfonic Acid

A strong organic acid featuring a sulfonic acid group attached directly to a methane molecule, known for its good water solubility and use in organic reactions.