Topic 1 - Macroeconomic Variables Flashcards

1
Q

Year-on-year inflation

A

Inflation accumulated over the past 12 months (1 year)

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2
Q

Core inflation

A

Inflation rate eliminating the price of imported raw materials, fuel, and unprocessed food

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3
Q

What consists of the CA Balance?

A

Trades and Income

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4
Q

What consists of the FA balance?

A

Direct Investment, Portfolio investment, other investment, and reserve assets (held by the central bank)

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