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,
A) without seasonal adjustment,amounted to 100 million hucks in the quarter that just ended.
B) with seasonal adjustment,amounted to 100 million hucks in the quarter that just ended.
C) without seasonal adjustment,amounted to 400 million hucks in the quarter that just ended.
D) with seasonal adjustment,amounted to 400 million hucks in the quarter that just ended.
Correct Answer:
Verified
Correct Answer:
Verified
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