GDP Counts

question 91

Multiple Choice

GDP counts:

• A) only final goods and services.
• B) only intermediate goods and services.
• C) both intermediate and final goods and services.
• D) the value of goods produced abroad.

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Definitions:

Forecast

A prediction or estimate of future events or trends, especially related to economic or weather conditions.

Last Year

A term that refers to the immediate past calendar year or the most recent complete fiscal year.

Well-Diversified Portfolio

A portfolio containing a wide variety of investments which aims to reduce risk by spreading investments across different assets.

Single Index Model

A simplified model to estimate the return of a stock based on the performance of a single market index and the stock's sensitivity to that index.