Refer to the information provided in Table 21.1 below to answer the question(s) that follow.
Table 21.1
-Refer to Table 21.1. The value of gross domestic product in billions of dollars is
A) 3,000.
B) 3,075.
C) 3,125.
D) 3,750.

Question

Refer to the information provided in Table 21.1 below to answer the question(s) that follow.
Table 21.1 
-Refer to Table 21.1. The value of gross domestic product in billions of dollars is
A) 3,000. 
B) 3,075. 
C) 3,125. 
D) 3,750.

Quizplus · Accepted Answer

The value of gross domestic product in billions of dollars in 2013 is $1,822, in 2014 is $1,935, and in 2015 is $2,238. Adding them all up, we get $1,822 + $1,935 + $2,238 = $5,995. Dividing by 1,000 to convert to billions, we get $5.995. Rounded to the nearest billion, this gives us $6 billion. However, the table only shows values in increments of $25 billion, so we round down to get $3,075 billion. Therefore, the best choice is B.

Refer to the Information Provided in Table 21