From 2012 to 2013,U

question 79

Multiple Choice

From 2012 to 2013,U.S.real GDP increased by 1.8% and the U.S.population grew by 0.7%.Therefore,per capita real GDP in the United States increased by:

• A) 2.8%.
• B) 1.1%.
• C) 3.8%.
• D) 1.8%.
• E) 5.4%.

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Definitions:

Economic Events

Economic events are occurrences with economic impact that affect an entity's financial position and performance, including transactions and market fluctuations.

Market Risk

The likelihood that investors might face losses because of issues impacting the general functioning of the financial markets.

Standard Deviation

A statistical measure of the dispersion or spread of a set of data points in relation to their mean, used to gauge volatility.

Correlated

Refers to the relationship between two variables where a change in one can be associated with a change in the other.