The Level of Real GDP Person

question 33

Multiple Choice

The level of real GDP person

• A)differs widely across countries,but the growth rate of real GDP per person is similar across countries.
• B)is very similar across countries,but the growth rate of real GDP per person differs widely across countries.
• C)and the growth rate of real GDP per person are similar across countries.
• D)and the growth rate of real GDP per person vary widely across countries.

---

Definitions:

Standard Deviation

A statistical measure that indicates the extent of deviation for a group as a whole, showing how much variation or dispersion exists from the average.

Cyclical Stock

A stock whose price is affected by macroeconomic or systematic changes in the overall economy.

Countercyclical Stock

Stocks that tend to move inversely to the economic cycle; they perform well when the economy is in a downturn.

Portfolio Expected Return

The portfolio expected return is the weighted average of the expected returns of the assets within a portfolio.