Exhibit 11.1 The Following Questions Use the Data Below

question 95

Multiple Choice

Exhibit 11.1
The following questions use the data below.
Honest Al's Used Cars wants to predict how many cars are sold each month. He has collected data for 12 months. He needs your help in analyzing this data using moving averages.
-Refer to Exhibit 11.1. If predicting the cars sold for time period 14, what formula must be placed in cell B16?

• A) =AVERAGE(B12:B15)
• B) =AVERAGE(B12:B15)/4
• C) =TREND(B12:B15)
• D) =B14

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Definitions:

Capital Flight

The massive outflow of financial assets and capital from a country triggered by economic or political unrest.

Loanable Funds

The resources available for borrowing in the financial markets, influenced by savings, borrowing, and the government’s fiscal policies.

Demand For Loanable Funds

The desire to borrow money, driven by (among other factors) investments and the consumer desire for purchasing goods or services on credit.

Open-Economy Macroeconomic Model

A theoretical framework that analyzes the economy of a country in the context of its interactions with other countries, including trade, investment, and financial flows.