Table 12-19 -Refer to Table 12-19

question 176

Multiple Choice

Table 12-19
$\begin{array}{|l|c|r|}\hline & \mathbf{2 0 1 7} & {\mathbf{2 0 1 8}} \\\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \\\hline \text { Real GDP } & 9,500 & 10,500 \\\hline\end{array}$
-Refer to Table 12-19.Given the information above,calculate the GDP deflator in 2018.

• A) 114
• B) 105
• C) 95
• D) 87

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Definitions:

Franchise Relationship Model (FRM)

A business model where a franchisor licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.

Best Efforts

A commitment to exert the utmost effort to achieve a specified objective within the constraints of the situation, without guaranteeing the outcome.

Franchise Marketing

A strategy for promoting and selling franchise opportunities to potential franchisees, expanding the brand's reach.

Field Support Function

Assistance and resources provided to operational units or personnel in the field to facilitate the execution of their tasks and missions.