Question
The UKs GDP in 2022Q1 was 621 billion pounds. If the dollar/pound exchange rate during that period was 1.34, what was the UKs GDP in
The UKs GDP in 2022Q1 was 621 billion pounds. If the dollar/pound exchange rate during that period was 1.34, what was the UKs GDP in dollars? (Put your answer in billions, rounded to the nearest whole number. Think carefully about the units of the exchange rate to make sure you get an answer that is in dollars.)
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
