In a Small Country,using Prices of 2012,GDP in 2012 Was

question 166

Multiple Choice

In a small country,using prices of 2012,GDP in 2012 was $100 and GDP in 2013 was $110.Using prices of 2013,GDP in 2012 was $200 and GDP in 2013 was $210.The country's BEA will calculate ________ percent as the growth in real GDP between those years.

• A)10
• B)5
• C)15
• D)7.5
• E)None of the above answers is correct.

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Definitions:

BAT Model

A behavioral approach to financial modeling that incorporates psychological factors into market predictions.

Miller-Orr Model

A financial model used to manage cash balances and optimize the level of cash holdings by setting upper and lower limits within which the balance can fluctuate before triggering a transfer of funds.

Cash Balance

The amount of cash a company has on hand, which includes currency, coins, and balances in checking and savings accounts.

Low Cash Balance

A situation where an individual or organization has a minimal amount of cash on hand, potentially affecting their ability to cover short-term liabilities.