Figure 13-2 -Refer to Figure 13-2. If Real GDP Were $12 Trillion

question 134

Multiple Choice

Figure 13-2
-Refer to Figure 13-2. If real GDP were $12 trillion, consumption equals

• A) 5 trillion.
• B) 7 trillion.
• C) 9 trillion.
• D) 11 trillion.

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Definitions:

Computed

Calculated or processed using a computer or calculator.

Measurement Basis

The method or system used to determine the quantity, weight, or dimension of something as a basis for analysis or calculation.

Interval Data

Data type where intervals between values are interpretable, but there is no true zero point.

Continuous Variables

Variables that can take on an infinite number of values within a given range.