The Major Statistics That Provide Macroeconomists a Picture of the Health

question 133

Multiple Choice

The major statistics that provide macroeconomists a picture of the health of an economy include the following, except

• A) real gross domestic product.
• B) inflation statistics.
• C) prices of oil and gasoline.
• D) unemployment data.

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Definitions:

Expected Rate

The anticipated return on an investment, factoring in the probability of various outcomes, including risks and rewards.

T-bill

Short for Treasury bill, a short-term government security issued at a discount from the par value and pays no interest before maturity, but is redeemed at its face value.

Correlation Coefficient

A numerical measure that describes the size and direction of a relationship between two variables.

Capital Market Line

A line used in the capital asset pricing model to illustrate the rates of return for efficient portfolios depending on the risk-free rate of return and the level of risk (standard deviation) for a particular portfolio.