The Government of Wrexington,a Country Which Has Adopted American GDP

Multiple Choice

The government of Wrexington,a country which has adopted American GDP accounting conventions,has calculated that the seasonally-adjusted market value of all final goods and services produced 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.