Thank you for visiting Which of the following accurately represents the breakdown of GDP components in the year 2000 with a GDP of 10 trillion dollars A Private consumption. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
The real GDP of Brazil in 2020 in US dollars is $1.5 billion.
To calculate the real GDP of Brazil in US dollars in 2020, we'll use the given exchange rate.
Real GDP of Brazil in 2020 = R 6 billion (Real)
Exchange rate: 1 Real = $0.25
We can convert the Real GDP to US dollars by multiplying the Real GDP by the exchange rate:
Real GDP in US dollars=Real GDP in Reals×Exchange rate
Real GDP in US dollars=6billionReal×0.25US dollars/Real
Real GDP in US dollars=1.5billionUS dollars
So, the real GDP of Brazil in 2020 in US dollars is $1.5 billion.
The complete question is: Assume the real GDP of Brazil in 2020 was R 6 billion (Real). If the exchange rate was 1 Real = $0.25, calculate the real GDP of Brazil in US dollars in 2020.
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