Solved

In a Certain Small Country,the Unit of Currency Is the Huck.That

Question 141

Multiple Choice

In a certain small country,the unit of currency is the huck.That country's government recently announced that "GDP amounted to 400 million hucks in the quarter that just ended." Assuming this country has adopted American GDP accounting conventions,this statement means that GDP,after seasonal adjustment,actually amounted to


A) 100 million hucks in the quarter that just ended.
B) 100 million hucks over the last four quarters,including the one that just ended.
C) 400 million hucks in the quarter that just ended.
D) 400 million hucks over the last four quarters,including the one that just ended.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents