Nominal gdp Study guides, Study notes & Summaries
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![University of Cape Town School of Economics Macroeconomics ECO1011S QUESTIONS ONLY November Exam 2022/2023](/docpics/6357fd038ebfa_2055621.jpg)
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University of Cape Town School of Economics Macroeconomics ECO1011S QUESTIONS ONLY November Exam 2022/2023
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University of Cape Town 
School of Economics 
Macroeconomics 
ECO1011S 
November Exam 2022/2023 
1 
 
University of Cape Town 
School of Economics 
Macroeconomics 
ECO1011S 
 
November Exam 
 
INSTRUCTIONS 
 Only use PENCIL when filling in the MCQ answer sheet 
 Use the MCQ answer sheet provided 
 Complete the bubbles for your student number before you begin! 
 Write in your first name, surname and student number 
 If you change your mind about an answer don’t cross it out, use ...
![WGU C211 OA Global Economics Exam (2023) (Verified Answers)](/docpics/63ffa9d96ebec_2426444.jpg)
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WGU C211 OA Global Economics Exam (2023) (Verified Answers)
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Which political view of foreign direct investment (FDI) is most widely used by 
governments in the current international business environment? - Correct answerProtectionism 
Which factors predict the degree of rivalry between a pair of competitors? 2 choices - 
Correct answer-Market commonality and Cost structure 
Which factors predicts how local firms in emerging economics will respond to 
multinational competitors? Competitive assets and industry pressures to globalize - 
Correct answer-Market...
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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...
![BMC, Bloomberg Certification Test Questions And Answers 2022](/docpics/63164ef084513_1941749.jpg)
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BMC, Bloomberg Certification Test Questions And Answers 2022
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Inaccurately because the scope of GDP measurements can change. - Answer - How accurately do GDP portray the economy and why? 
 
It went down - Answer - Consider the formula GDP = C+I+G+(X-M). A country is undergoing a boom in consumption of domestic and foreign luxury goods. In one year, the dollar growth in imports is greater than the dollar growth in domestic consumption. Assuming nothing else has changed, what happened to GDP? 
 
C= Consumer spending 
I = Investment (Gross Fixed Capital Forma...
![Econ 104 Final – Goffe || with Accurate Answers 100%.](/docpics/4962061/6615bbd826e44_4962061_121_171.jpeg)
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Econ 104 Final – Goffe || with Accurate Answers 100%.
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Nominal GDP correct answers the value of final goods and services evaluated at current-year prices 
 
How to calculate nominal GDP correct answers C + I + G +NX 
 
Real GDP correct answers The value of final goods and services evaluated at base-year prices 
 
How to calculate real GDP correct answers P*Q for every good in GDP and add them all together 
 BASE YEAR 
2014 - 100M visits at $50 each 2015 - 103M visits at $53 
 10M cars at $20,000 each 11M cars at $20,500 each 
 
real GDP for 2015: (1...
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bloomberg market concepts Questions with well explained answers
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gross domestic product (GDP) - market value of all final goods and services produced within a 
country 
GDP = C + I + G + (X-M) 
C= personal consumption 
I = private investment 
G = government spending 
X = exports 
M = imports 
(C = 2/3 of US GDP) 
provides backdrop for investing bc is a measure of all economic activity 
"actual GDP growth has entirely lost its capacity to surprise... leading indicators... PMI garners 
disproportionate attention" 
nominal GDP vs real GDP - nominal GDP = $ amo...
![CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers,100% CORRECT](/docpics/2866636/6480c71d49128_2866636_121_171.jpeg)
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CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers,100% CORRECT
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CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers 
 
Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) 
 
Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ 
 
Larger ratio is better 
 
If (Rₜ) is risk free rate, then it becomes Sharpe Ratio 
 
Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ 
 
Larger ratio is better 
 
If (Rt) is higher than RFR, then it becomes Safety First Ratio 
 
Centra...
![Test Bank for Principles of Economics Arab World, 4th Edition by Gregory Mankiw](/docpics/2824408/64759b7546078_2824408_121_171.jpeg)
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Test Bank for Principles of Economics Arab World, 4th Edition by Gregory Mankiw
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Test Bank for Principles of Economics Arab World, 4th Edition by Gregory Mankiw, Mohamed H. Rashwan 
 
Full Chapters test bank included 
 
Part 1: Introduction 
Chapter 1: Ten Principles of Economics 
How People Make Decisions 
How People Interact 
How the Economy Works as a Whole 
Conclusion 
Chapter 2: Thinking Like an Economist 
The Economist as Scientist 
The Economist as Policy Adviser 
Why Economists Disagree 
Let's Get Going 
Appendix: Graphing: A Brief Review 
Chapter 3: Interdependence...
![ECS2602 Macroeconomics EXAM STUDY PACK WITH Q & A 2022.](/docpics/62df556e2a7ff_1866784.jpg)
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ECS2602 Macroeconomics EXAM STUDY PACK WITH Q & A 2022.
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ECS2602 Macroeconomics EXAM STUDY PACK WITH Q & A 2022. Question 1 
Which of the following statements is/are correct? 
a) In this module we only study the demand side of the economy which includes the goods market and the 
financial market. The labour market form part of the supply side analysis and are therefore excluded from this 
module. 
b) The two most important accounts of the balance of payments are the current account and the financial account. 
c) If total output decreases with 2% duri...
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BMGT 230 Chapter 7 multiple choice (University of maryland)
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1) The key indicator of a country's living standard and economic well-being is 
1) ______ 
A) the interest rate. 
B) nominal GDP per person. 
C) real GDP. 
D) real GDP per person. 
2) Compared to the level of real GDP per person in 1870, by 2010, real GDP in the U.S was 
______ times larger, while real GDP per person in Japan was _______. 
2) ______ 
A) 12; smaller 
B) 12; 12 times larger 
C) 12; 30 times larger 
D) 30; 12 times larger 
3) Over the period from 1870 to 2010, the growth of real G...
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