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
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02
TRUE/FALSE Real GDP measures the total volume of goods and services produced by an economy over a year adjusted for inflation.
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01
FALSE It measures the total value of final goods and services produced within an economy adjusted for inflation
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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
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02
A. Measures GDP per capita
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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
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01
TRUE/FALSE Long-term or direct investment transactions in government bonds and assets will be recorded on the current account.
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02
Financial / capital account
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03
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03
EXTENSION SHEET
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Transcript
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