Thank you for visiting In 2018 Luxembourg s GDP was about 65 billion This number in trillions is A 0 065 trillion B 0 65 trillion C 65 trillion. 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 :
Final answer:
Luxembourg's GDP of $65 billion in 2018 is equivalent to $0.065 trillion when converted.
Explanation:
In 2018, Luxembourg's GDP was about $65 billion. Converting this number into trillions, we shift the decimal point three places to the left. Therefore, this number is expressed as $0.065 trillion. Hence, the correct answer to the question is:
a) $0.065 trillion
When calculating the dollar value of GDP for a hypothetical Country A with given economic data such as export sales, government purchases, business investment, imports, and consumption spending, one would sum these values accordingly, taking into account that imports should be subtracted from the total since they represent spending on foreign goods and services.
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