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Vinil7 [7]
2 years ago
8

If real GDP in a year was $3,900 billion and the price index was 130, then nominal GDP in that year was approximately

Business
1 answer:
Eddi Din [679]2 years ago
6 0

Answer:

$5,070 billion

Explanation:

Given the following:

The real GDP in a year => $3,900 billion

The price index => 130,

The nominal GDP is measured as

=> 100 -130 = 30%

=> 30% × 3,900 = 1,170

=> 1,179 + 3,900 = 5,070

Therefore, in this case, the correct answer is $5,070 billion as the nominal GDP for the year.

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B. $1,260

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Unrestricted Net Position is

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A company has a processing department with 10 stations. Because of the nature and use of three of these stations, each is consid
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Answer:

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<em>The key account management structure uses</em><em> team selling </em><em>to focus on important customers in order to build mutually beneficial, long-term cooperative relationships.</em>

<h3>What is Team selling?</h3>

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learn more about Team selling here <u>brainly.com/question/25586322</u>

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