Answer the Question on the Basis of the Following Information

question 127

Multiple Choice

Answer the question on the basis of the following information: Only three goods are produced in an economy in the following amounts: A = 10,B = 30,C = 5.The current year per unit prices of these three goods are A = $2,B = $3,and C = $1. Refer to the information.Nominal GDP in the current year is:

• A) $110.
• B) $115.
• C) $45.
• D) $90.

Determine the time needed for an investment to grow to a desired amount with given interest rates.

Analyze the sufficiency of ongoing investments to cover long-term financial obligations.

Reconcile checkbook balances with bank statements, accounting for outstanding transactions.

Plan regular savings contributions to achieve short-term and long-term financial goals.

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Definitions:

Decreases Political Stability

A reduction in the ability of a governmental system to provide consistent governance and policy, often leading to uncertainty, unrest, or conflict.

Basic Needs

Fundamental requirements necessary for individuals to live a healthy and satisfactory life, such as food, water, shelter, education, and healthcare.

Investment Climate

The economic, financial, and socio-political environment influencing the willingness and ability of individuals and firms to invest in a particular country or region.

Semiperipheral Countries

Nations that are midway between the core and periphery in the world economic system, showing characteristics of both developed and developing countries.