In a Particular Year,if the Real GDP of Country Y

question 153

Multiple Choice

In a particular year,if the real GDP of Country Y is $400,000 and the nominal GDP of Country Y is $450,000,the GDP deflator is ________.

• A) 115
• B) 102
• C) 112.5
• D) 0.17

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Definitions:

Acquiring Company

A corporation that purchases most or all of the shares of another company to gain control.

Entrepreneurs

Individuals who start, organize, manage, and assume the risks of a business or enterprise.

Right Time

Refers to the optimal moment to take a particular action or make a decision in the context of business or personal situations to achieve the best possible outcome.

Crafting Strategy

Crafting Strategy involves the process of deliberately planning and adapting strategic moves and business models to capture new opportunities and respond to competitive markets, akin to navigating a business through changing landscapes.