Basic Knowledge Concerning Econmics, Finance And Fiscal Policy Flashcards
1
Q
CPI does not cover non-consumption expenditure such as direct taxes, social security payments, nor does it cover the price of land , housing etc
A
Correct
2
Q
The Principe or Equivalent or Three Aspects or National Income applies to the three facets of GDP, production, distribution and expenditure since all three are considered to have the same numeric values
A
True
3
Q
The ratio of savings divided by property income is referred to as the household saving rate
A
False
The ratio of savings divided by disposable income is referred as the household savings rate
4
Q
BOJ Tankan is released every month by the BOJ
A
False
Every 3m
5
Q
Current account in international balance of payments means
A
The sum of three items:
Goods and services
Primary income
Secondary income
