Current account surplus Study guides, Revision notes & Summaries
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ECS1601 EXAM PACK 2023
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ECS1601Test bank with answers 
Economics, past exam papers 
Exam-Pack-Index From 
2017-2022, assignment 1, 
assignment 2, .. ..complete 
solutions 
1 
ECS1601 TEST BANK 
Question 1 
In the goods market of the circular flow model, …. 
1) firms buy factors of production from consumers 
2) firms buy finished products from households 
3) consumers buy factors of production from firms 
4) firms sell factors of production to the government 
5) consumers buy finished products from firms Th...
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Current account surplus
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A current account is a balance of payments account that documents the flow of funds as a result of imports and exports of goods and services of a country. This account either has a positive balance (surplus) or a negative balance (deficit). A current account surplus means that the current account has a positive balance of payments. In other words, the exports of a country exceed the imports.
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POS 486 FINAL EXAM QUESTIONS AND ANSWERS
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1) The current account includes 
 a) direct investment assets. 
 b) monetary reserves. 
 c) investment liabilities. 
 d) exports and imports. - Answer-d) exports and imports 
 
Since the 1970s, in regard to the current account, the United States has generally had 
 a) a deficit 
 b) a surplus 
 c) a balance 
 d) volatility - Answer-a) a deficit 
 
The financial account includes 
 a) the capital account. 
 b) secondary income. 
 c) portfolio investment. 
 d) services trade - Answer-c) portfolio i...
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ECS2602 EXAM STUDY PACK 2022
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ECS2602 EXAM STUDY PACK 2022. ECS2602 - Macroeconomics 
In the goods market model a decrease in taxes will result in … 
a) an increase in autonomous consumption. 
b) an increase in disposable income. 
c) an increase in income. 
d) a decrease in induced consumption. 
1) a, b and c 
2) a, b and d 
3) b, c and d 
4) a, c and d 
5) None of the options 1 to 4 (correct option is 5.) 
Explanation 
A decrease in taxes increases disposable income and consequently induced consumption spending 
increases...
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California Life Insurance State Exam Simulator Study Guide with Complete Solutions 2024 Graded A
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Exclusion ratio - An annuitant would life to determine the amount of an annuity distribution that is exempt from taxation. What is used to calculate this? 
Mortality rate, 
Exclusion ratio, 
Morbidity rate, 
Debt-to-Equity ration 
 
Offers a maximum interest rate that increases annually - Which of the following is NOT a feature of equity-indexed annuities? 
 
Offers long term inflation protection, Offers a minimum guaranteed rate, Offers a maximum interest rate that increases annually, Offers pr...
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CHAMPIONS REAL ESTATE FINANCE GRADED A+ ALREADY PASSED 2023
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Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. 
 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. 
 
Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) 
 
Blanket Mortgage - correct answer Covers more than one piece of property. 
 
Wraparound Mortgage - c...
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FAC1601 Assignment 3 Semester 1 2023 (366858)
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FAC1601 
Assignment 
3 Semester 
1 2023 
(366858)FAC1601 Assignment 2 Semester 1 2023/2024 Update 
 
Question 1 
 Which of the following statements is correct: 
1. When revaluing an asset or liability in terms of a change in ownership structure, the current account is used. The current account is then closed off to the accounts of theexisting partners according to their existing profit-sharing ratio. 
2. The selling price of a partnership is determined by the cost price of the partnership. 
3...
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FAC1601 Assignment 2 Semester 1 2023/2024 Update
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FAC1601 Assignment 2 Semester 1 2023/2024 UpdateFAC1601 Assignment 2 Semester 1 2023/2024 Update 
 
Question 1 
 Which of the following statements is correct: 
1. When revaluing an asset or liability in terms of a change in ownership structure, the current account is used. The current account is then closed off to the accounts of theexisting partners according to their existing profit-sharing ratio. 
2. The selling price of a partnership is determined by the cost price of the partnership. 
3....
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CAIA Level II Exam I Questions With Correct Answers
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Collar strategy consists of... - Answer ownership of a risky asset with a long position in a put option on the underlying asset, and a short position in the call option on the underlying asset 
 
Hedging Bucket - Answer within a plan's asset-liability framework seeks to track the plan's liabilities and minimize the volatility of the plan surplus 
 
Overlay approach - Answer relies on derivatives contracts to create hedges 
 
growth bucket - Answer invests the surplus in riskier investments to ...
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AINS Practice Exam Review Questions with Verified Solutions
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One distinguishing feature between independent agency systems and other marketing systems is 
the... agency expiration list 
Foreign Insurer An insurer licensed to operate in a state but incorporated in another state 
Domestic Insurer An insurer doing business in the jurisdiction in which it was incorporated 
Alien Insurer An insurer domiciled in a country other than the US 
Direct Response Marketing System Greatly reduces compensation costs but has higher 
advertising costs 
Agency Expiration L...
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