-You Are Given the Data in Table 11

question 59

Multiple Choice

-You are given the data in Table 11.1,which covers the period 1947-2006."Mean" is the average growth over the period and "St Dev" is the standard deviation of the growth (a measure of volatility) of real output,consumption,investment,government expenditure,and net exports.From this information,you conclude that

• A)households smooth their consumption more than other sectors.
• B)firms base their decisions on more than the potential GDP.
• C)foreigners are fickle consumers.
• D)government expenditures are zero.
• E)a and b are correct.

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