Macro Econ Ideas Flashcards
1
Q
Spike in commodity prices does what to stock prices?
A
hurts them, drives prices down
2
Q
What defines a recession?
A
At least 2 financial quarters of drop in GDP
3
Q
What is the IMF and what do they do?
A
International Monetary Fund
They track international financial data, GDP, and make projections on that data
imf.com
4
Q
What’s the difference between real inflation rate and nominal?
A
- Nominal accounts for changes in prices
- find data on World Bank Open Data (https://data.worldbank.org/)
- important for companies that take on a lot of debt