What Answer Should Be Reported, with the Correct Number of Significant

question 148

Multiple Choice

What answer should be reported, with the correct number of significant figures, for the following calculation?

• A) 0.037
• B) 0.0374
• C) 0.03740
• D) 0.037399
• E) 0.0373995

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Definitions:

GDP

The Gross Domestic Product calculates the full monetary or market price of all the finished commodities and amenities created within a country for a particular time window.

GDP Deflator

A yardstick for the cost measures of all new, nationally manufactured, final goods and services in an economy.

Real GDP

The measure of a country's economic output adjusted for price changes, providing a more accurate view of an economy's size and growth rate.

GDP

Gross Domestic Product is the total value, either in market or monetary terms, of all the consumable goods and services produced within a country's area in a determined period.