PLEASE HELP ASAP 2. Which of the following would NOT be counted in computing GDP?
a. building a do-it-yourself picnic table for your own yard
b. hamburgers you flip on your job at a fast-food restaurant
c. a pair of socks you sell on your job at a department store
d. all of the above
3. The year chosen to compare data such as GDP is known as the
a. comparative year.
b. GDP year.
c. base year.
d. calculating year.
4. When the effect of price changes is taken out of GDP, we have
a. inflated GDP.
b. real GDP.
c. undervalued GDP.
d. GDP per capita.
5. Which of the following is true about the business cycle?
a. It has four phases.
b. There are recurring ups and downs.
c. There is a pattern of good times to bad times and back again.
d. All of the above.

Risk is the risk of a decline in a bond's value due to an increase in interest rates. this risk is higher on bonds that have long maturities than on bonds that will mature in the near future. risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. this risk is obviously high on callable bonds. it is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. which type of risk is more relevant to an investor depends on the investor's , which is the period of time an investor plans to hold a particular investment. longer maturity bonds have high risk but low risk, while higher coupon bonds have a higher level of risk and a lower level of risk. to account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called , which is the weighted average of the time it takes to receive each of the bond's cash flows. conceptual question: which of the following bonds would have the largest duration? a)10year-zero coupon bonds b)10year-7% annual coupon bonds c)10year-3% annual coupon bonds d)5year-3% annual coupon bonds e)3year-7% annual coupon bonds