Question: If nominal GDP is $6,039 billion and the price index for the CPI is 110.1, given this information what would be real GDP? A. $6,648 billion B. $6,039 billion C. $5,485 billi...
In 2022, oil demand increased by 2.3 mb/d, and projections for 2023 indicated a growth of 1.7 mb/d (IEA 2023) [34]. Roughly 83% of oil reserves, primarily in Canada, should remain untapped (~ > 3% decline in oil consumption is required each year till 2050). Thus, shifting to...
Indeed, China's GDP and openness of economy have been – among other factors - determinants of its outward FDI in general (Buckley et al., 2008; He et al., 2015) and as part of BRI (Li et al., 2019). Additionally, “private sector will continue to seek opportunities to invest ...