Use the Following Statements to Answer the Question

question 36

Multiple Choice

Use the following statements to answer the question:
I.VIX is a measure of volatility in the financial markets
II.VIX is calculated as the aggregate volatility of option prices.

• A)I and II are correct
• B)I and II are incorrect
• C)I is correct and II is incorrect
• D)I is incorrect and II is correct

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Definitions:

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another, typically measured by the gross domestic product (GDP).

Import-substitution Strategies

Economic policies and practices aimed at replacing foreign imports with domestic production.

Economists

Professionals specialized in the study of economics, focusing on the production, distribution, and consumption of goods and services.

Economic Development

The process of improving economic well-being and quality of life through economic growth, creation of jobs, and the implementation of social and technological advancements.