In 2012,the Nominal GDP of Canada Totaled About

question 91

Multiple Choice

In 2012,the nominal GDP of Canada totaled about:

• A) $16 billion.
• B) $160 trillion.
• C) $1,600 billion.
• D) $150 trillion.

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Definitions:

Motivated Reasoning

A cognitive process where individuals form and cling to beliefs despite contrary evidence, driven by emotion or desire rather than objective evaluation.

Evidence

Information or facts that are used to support a conclusion, belief, or proposition.

Beliefs

A conviction or acceptance that something is true or exists.

Early Payment Discount

A reduction in the amount due for goods or services offered by a seller to buyers who pay their bill before a specified date.