Use the Following Information to Answer Questions 61- [Reference: 11-66]
-Estimate the Standard Deviation of Bank A's Asset

question 41

Multiple Choice

Use the following information to answer questions 61-: $$\begin{array} { l c l l } & \text { National Benchmark } & \text { Bank A } & \text { Bank B } \\\text { Consumer Loans } & 50 \text { percent } & 65 \text { percent } & 35 \text { percent } \\\text { Commercial Loans } & 50 \text { percent } & 35 \text { percent } & 65 \text { percent }\end{array}$$ [Reference: 11-66]
-Estimate the standard deviation of Bank A's asset allocation proportions relative to the national benchmark.

• A)15.00 percent.
• B)21.21 percent.
• C)29.89 percent.
• D)34.32 percent.
• E)40.44 percent. [Refer to: 11-66]

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Definitions:

Government Expenditures

The total amount of money that government spends in a certain period, including spending on healthcare, education, infrastructure projects, and defense.

GDP

Gross Domestic Product, the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.

Economic Growth

An increase in the economy's capacity to produce goods and services, often measured by the rise in real GDP over time.

Government Size

Refers to the scope and scale of government operations and activities, including public spending, taxation, and the number of employees.