(Table) According to the Table, Real GDP for 2014 Is

question 50

Multiple Choice

(Table) According to the table, real GDP for 2014 is approximately

• A) $7,540 billion.
• B) $7,894 billion.
• C) $8,106 billion.
• D) $8,488 billion.

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Definitions:

Cheques

A document that is written, dated, and signed, which gives an absolute command to a bank to pay a specific amount of money to the recipient.

Bank Clearing Time

The process and time required for checks and other transactions to be processed through a bank or clearinghouse and the funds to become available.

Processing Time

The time required to complete a particular process, such as manufacturing or data processing.

Weighted Average Delay

The mean delay time, taking into account the importance or weight of each contributing factor to the overall delay.