Suppose Real GDP in 2010 Is $6,105 Billion

question 4

Multiple Choice

Suppose real GDP in 2010 is $6,105 billion.If the forecasted rate of growth for the year 2011 is 2.75 percent,then in the year 2011,real GDP will be

• A)$6,500 billion.
• B)$6,273 billion.
• C)$7,784 billion.
• D)$5,942 billion.
• E)$6,300 billion.

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Covariance

A measure indicating the degree to which two random variables change together.

Variances

Statistical measures of the dispersion of data points in a dataset, indicating how far each data point in the set is from the mean.

Portfolio

A portfolio of investment vehicles, including equities, fixed income, raw materials, money, and money-like assets, along with mutual funds and ETFs.