Lecture 8- Introduction to Macroeconomics

Beschreibung

Highers Accounting and Finance (Year 2) (Managerial Economics) Quiz am Lecture 8- Introduction to Macroeconomics, erstellt von George Mariyajohnson am 03/03/2021.
George Mariyajohnson
Quiz von George Mariyajohnson, aktualisiert more than 1 year ago
George Mariyajohnson
Erstellt von George Mariyajohnson vor mehr als 3 Jahre
2
0

Zusammenfassung der Ressource

Frage 1

Frage
Aggregate demand- [blank_start]Total demand[blank_end] for final [blank_start]goods[blank_end] & [blank_start]services[blank_end] in an economy
Antworten
  • Total demand
  • goods
  • services

Frage 2

Frage
Aggregate supply- [blank_start]Total supply[blank_end] of final [blank_start]goods[blank_end] & [blank_start]services[blank_end] in an economy
Antworten
  • Total supply
  • goods
  • services

Frage 3

Frage
GDP measures [blank_start]national income[blank_end] of country over [blank_start]year[blank_end]
Antworten
  • national income
  • year

Frage 4

Frage
Inflation occurs when there is [blank_start]sustained increase[blank_end] in general [blank_start]prices[blank_end] of goods & services
Antworten
  • sustained increase
  • prices

Frage 5

Frage
Deflation occurs when there is [blank_start]fall[blank_end] in general [blank_start]price[blank_end] of goods & services
Antworten
  • fall
  • price

Frage 6

Frage
Real income shows [blank_start]nominal income[blank_end] adjusted for [blank_start]inflation[blank_end] to show its [blank_start]purchasing power[blank_end]
Antworten
  • nominal income
  • inflation
  • purchasing power

Frage 7

Frage
Consumer Price Index- [blank_start]Weighted[blank_end] index which measures [blank_start]inflation[blank_end] over given [blank_start]period[blank_end] in UK
Antworten
  • Weighted
  • inflation
  • period

Frage 8

Frage
Interest rate- [blank_start]Cost[blank_end] of [blank_start]borrowing[blank_end] money & [blank_start]reward[blank_end] for [blank_start]saving[blank_end]
Antworten
  • Cost
  • borrowing
  • reward
  • saving

Frage 9

Frage
Features of money are [blank_start]medium of exchange[blank_end], [blank_start]store of value[blank_end], [blank_start]unit of account[blank_end] & [blank_start]standard of deferred payment[blank_end]
Antworten
  • medium of exchange
  • store of value
  • unit of account
  • standard of deferred payment
Zusammenfassung anzeigen Zusammenfassung ausblenden

ähnlicher Inhalt

Managerial Economics
Jessica Kitchens
Staaten und Hauptstädte Europas
Peter Kasebacher
Zeiten Englisch
Janine Egli
Klausurfragen aktuell
Anne Malten
Bildungszitate
Laura Overhoff
OEKO Marius Ultimativ 2
Marius Goconqr
FOST 4 - Inferenzstatistik 2 und qualitative Methoden
Kathy H
Fachinformatiker AE
Marie Mirschel
Basiswissen_MS-4.2_Foliensatz I
Bernd Leisen
Vetie Para Morphologie Entomologie
Kristin E
Vetie- Berufsrecht-Fragensammlung 2013-2017
Ju Pi