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

Question 285

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.

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