Reinforcement, Revision and Extension Worksheets

REVISION MACROECONOMIC VARIABLES

Start

01

What is being defined? The value of one unit of a currency in terms of another unit of another currency.

Flip card

01

Exchange rate

Let's start the deck again

I didn't know... Let's do it again

I knew it! Let's move forward

02

TRUE/FALSE Real GDP measures the total volume of goods and services produced by an economy over a year adjusted for inflation.

Flip card

01

FALSE It measures the total value of final goods and services produced within an economy adjusted for inflation

Let's start the deck again

I didn't know... Let's do it again

I knew it! Let's move forward

01

Which of the following is NOT a formula for caluclating Real GDP? A. GDP/population B. Current output X base year prices C. NGDP/ GDP deflator

Flip card

02

A. Measures GDP per capita

Let's start the deck again

I didn't know... Let's do it again

I knew it! Let's move forward

01

What is being described? The flow of funds (or financial capital) from one country to another to earn a short-term profit on interest rate differences and/or anticipated exchange rate shifts.

Flip card

02

Hot money flows

Let's start the deck again

I didn't know... Let's do it again

I knew it! Let's move forward

01

TRUE/FALSE Long-term or direct investment transactions in government bonds and assets will be recorded on the current account.

Flip card

02

Financial / capital account

Let's start the deck again

I didn't know... Let's do it again

I knew it! Let's move forward

03

Flip card

03

EXTENSION SHEET

Lorem ipsum dolor sit amet consecteteur adisciping

Lorem ipsum dolor sit amet

Let's start the deck again

I didn't know... Let's do it again

I knew it! Let's move forward

BYE, BYE

DECK TO REVIEW INA FEW HOURS

Review now