The Amount of Informal Investment as a Percent of GDP

question 11

Multiple Choice

The amount of informal investment as a percent of GDP correlates positively with two TEA indices; _______.

• A)necessity and high job growth potential
• B)Opportunity and market expansion potential
• C)the amount of investment and high job growth potential
• D)consumer preference and high job growth potential
• E)opportunity and market expansion potential

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Definitions:

P(A)

The probability of event A occurring in a given statistical experiment.

P(B)

In probability, represents the likelihood or chance of a particular event B occurring.

Conditional Probability

The conditional probability of an event happening after it's established that another event has occurred.

P(B|A)

The likelihood that event B happens after event A has already taken place.