Use the Following,with Year 1 as the Base Year

question 40

Multiple Choice

Use the following,with Year 1 as the base year:

-Refer to the information above to answer this question.What is the value of nominal GDP in Year 2?

• A)$605.
• B)$651.
• C)$7,500.
• D)$8,250.
• E)$8,910.

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Definitions:

Ethical Considerations

Factors that involve judging what is right and wrong in terms of morality, especially as it pertains to professional conduct.

Paraphrasing

The act of rewording or rephrasing text or speech to clarify meaning without changing the original message.

Summarizing

The act of condensing a larger body of information into a concise overview, highlighting the main points.

Paraphrase Effectively

The skill of rewording or rephrasing text or speech to clarify meaning without changing the original message.