In 2007,France's GDP Totalled $1

question 71

Multiple Choice

In 2007,France's GDP totalled $1.9 trillion and in 2006 GDP was $1.8 trillion. The total amount spent on new capital in 2007 was $357 billion and in 2006 was $335 billion. Suppose that depreciation is 12 percent of GDP. ________ investment in 2007 was ________ billion.

• A) Gross; $216
• B) Gross; $129
• C) Net; $228
• D) Net; $129

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Definitions:

High School

A secondary education institution that prepares students typically aged between 14 to 18 years for higher education or the job market.

Sign Test

A non-parametric test used to evaluate the difference between a paired sample without assuming a specific data distribution.

Median Amount

The middle value in a list of numbers ordered from smallest to largest, effectively splitting the data set into two halves.

Level Of Significance

The probability of rejecting the null hypothesis in a statistical test when it is actually true, often denoted by alpha (α).