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harina [27]
3 years ago
5

The government of Wrexington, a country which has adopted American GDP accounting conventions, has calculated that the seasonall

y-adjusted market value of all final goods and servicesproduced within Wrexington in quarter 1 was $5 billion. The government will report that GDP in quarter 1 was a.$1.25 billion at an annual rate.b.$4 billion at an annual rate.c.$5 billion at an annual rate.d.$20 billion at an annual rate
Business
1 answer:
Julli [10]3 years ago
4 0

Answer:

d.$20 billion at an annual rate

Explanation:

As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually

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