What Would Not Be True About a GNP Beta

Multiple Choice

What would not be true about a GNP beta?

A) If a stock's β GNP = 1.5, the stock will experience a 1.5% increase for every 1% surprise increase in GNP.
B) If a stock's β GNP = -1.5, the stock will experience a 1.5% decrease for every 1% surprise increase in GNP.
C) It is a measure of risk.
D) It measures the impact of systematic risk associated with GNP.
E) None of these.