As of December 2008,housing Accounted for About ________ of the Typical

question 87

Multiple Choice

As of December 2008,housing accounted for about ________ of the typical consumer's spending.

• A) 32 percent.
• B) 30 percent.
• C) 43 percent.
• D) 65 percent.
• E) 70 percent.

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Definitions:

Future Returns

The projected earnings or losses on an investment over an upcoming period.

Efficient Markets Hypothesis

A theory that asserts that financial markets are "informationally efficient", meaning that prices of securities fully reflect all available information at any point in time.

EMH

Efficient Market Hypothesis, a theory that suggests all available information is already reflected in stock prices, hence making it difficult to achieve consistently higher returns.

Geometric Average

The geometric average is a method of calculating the mean that mitigates the impact of extreme values in a data set, commonly used in calculating investment returns.