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question 76

Multiple Choice

$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Table 2.3
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ 2007 $\quad$$\quad$$\quad$ 2010 $\quad$$\quad$$\quad$$\quad$ 2013
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Quantity Price $\quad$ Quantity Price $\quad$ Quantity Price
$$\begin{array} { | l | c | c | c | c | c | r | } \hline \text { Peaches } & 150 & \$ 0.20 & 170 & \$ 0.30 & 190 & \mathbf { \$ 0 . 4 0 } \\\hline \text { Tacos } & 75 & 0.80 & 80 & 1.00 & 100 & 1.20 \\\hline \text { Flashlights } & \mathbf { 4 0 } & 3.00 & 40 & 3.50 & 50 & \mathbf { 4 . 5 0 } \\\hline \text { Hamoricas } & \mathbf { 2 0 } & 14.00 & 25 & 16.00 & \mathbf { 3 0 } & 1 \mathbf { 8 . 0 0 } \\\hline\end{array}$$
Table 2.3 gives quantities and prices for each good produced in a simple economy in 2007, 2010, and 2013.
-Refer to Figure 2.3.Nominal GDP in 2013 is

• A) $568.00.
• B) $794.00.
• C) $812.00.
• D) $961.00.

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Definitions:

Long-Run Exposure

The potential impact on a company's financial health over an extended period due to risks associated with changes in exchange rates, interest rates, or market conditions.

Plumbing Products

Items and systems involved in the distribution and management of water in buildings, including pipes, fixtures, and fittings.

Depreciation

A method of allocating the cost of a tangible asset over its useful life.

Short Run Exchange Rate Risk

The potential for financial loss resulting from fluctuations in the exchange rate between currencies in the near term.