Macro Econ Ideas Flashcards

1
Q

Spike in commodity prices does what to stock prices?

A

hurts them, drives prices down

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2
Q

What defines a recession?

A

At least 2 financial quarters of drop in GDP

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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

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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
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