Use Front-End Rounding to Estimate the Difference $56,688 - 7,855$ A) 42,000
B) 52,000
C) 53,000
D) 43,000

question 118

Multiple Choice

Use front-end rounding to estimate the difference: $56,688 - 7,855$

• A) 42,000
• B) 52,000
• C) 53,000
• D) 43,000

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Definitions:

Domestic Production

The total value of all goods and services produced within a country's borders over a specified period of time.

Protection

Measures taken by a government to safeguard its industries from overseas competition, often through tariffs, quotas, or other restrictions.

Domestic Price

The price of goods or services within a country, which may differ from international prices due to tariffs, subsidies, or other domestic policies.

World Price

The global market price of a product or service, determined by worldwide demand and supply.