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x (6 unread) mkenneh2e x f Facebook -Log in or Sig xThank you Mohammed xFrontPageAt static b/ui/evo index html2deploymentid-583266323610216837376556587&elSBN-978 1337386999&snapshotld- Hennepin Technical Coll: xLogin s re https://ngo ngage. om 5% MINDTAP Chapter 01: Assignment Assignment: Chapter 01: Assignment Questions 9781337386975 PHK Chapter 1 Homework CE2.15m of the following best explains the use of gross domestic product (GDP) in world economic analysis? O a. It does not require any adjustments for inflation or deflation to make multi-year comparisons b. It is not useful for comparing the GDP for one nation over several different time periods. O c The GoP tigure failtates comparisons between the United States and other countries because t is the standard used in international a. It permits companies to compare their economic health against guidelines for economic accounting. similar companies in other countries. 10 12 13 14 1S is 9781337386975 PIK Chapter 1 Homework s

Explanation / Answer

Option c.

GDP of different nations is compared in terms of a common currency using the exchange rate

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