general knowledge Flashcards
top 10 oil producing countries
Saudi Arabia
China
USA
what is the process of raising money called?
financing
what are the different types of ways companies can raise money?
debt financing - bonds and loans
equity financing - shares
what is profit?
when a company’s revenue is more than their expenses
what is a recession?
a recession is defined as two consecutive quarters of GDP contraction (AKA “negative growth”)
who is the CBI (confederation of british industry) deputy chief economist?
Anna Leach
what is IFO?
Ifo is an acronym fromInformation andForschung (research).
TheIfo Institute for Economic Researchis aMunich-based research institution.As one of Germany’s largest economic think-tanks, it analyses economic policy and is widely known for its monthlyIfo Business Climate Indexfor Germany.
Who is the president of the ECB
Mario Draghi
