Last Year Country a Had a Nominal GDP of $600

question 15

Multiple Choice

Last year country A had a nominal GDP of $600 billion,a GDP deflator of 150 and a population of 40 million.Country B had a nominal GDP of $720 billion,a GDP deflator of 120 and a population of 50 million.From these numbers which country is likely to have had the higher standard of living?

• A)Country A because it had the higher nominal GDP per person.
• B)Country B because it had the higher nominal GDP per person.
• C)Country A because it had the higher real GDP per person.
• D)Country B because it had the higher real GDP per person.

Identify the role of special pricing strategies in attracting customers and increasing sales volume.

Understand the limitations and capabilities of animals in using language.

Understand how language and thinking are connected, including the role of bilingualism on cognitive abilities.

Grasp the principles of linguistic relativity and determinism.

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Definitions:

Long-Term Investments

Investments in stocks, bonds, or other assets that a company intends to hold for more than one fiscal year.

Interest Revenue

Income earned from lending money or investing in interest-bearing financial instruments.

Free Cash Flow

Cash Flows from Operating Activities less Dividends less Capital Expenditures.

Operating Activities

The primary revenue-producing activities of an entity and other activities that are not investing or financing activities.