For a Hypothetical Economy in a Given Year,GDP Equaled $1,171,consumption

question 45

Multiple Choice

For a hypothetical economy in a given year,GDP equaled $1,171,consumption equaled $482,investment equaled $286,goods exported equaled $198,and goods imported equaled $57.What did government spending equal?

• A)$403
• B)Not enough information is given.
• C)$544
• D)$262
• E)$148

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Definitions:

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates greater volatility than the market, while a beta below 1 suggests less.

Average Returns

The arithmetic mean of the historical returns of an investment, often used as a general indication of its past performance.

Hedge Funds

are investment funds that employ a variety of strategies to earn active return, or alpha, for their investors, often involving higher risks and aiming for higher returns than traditional investments.

Survivorship Bias

The logical error of focusing on instances that survived a selection process and overlooking those that did not because of their lack of visibility.