MACRO ECONOMIC
What is a Macro Economic?
the study of whole economies
What is inflation?
the sustained increase in the general price level of goods and services across an economy over time
What is Supply & Demand?
is a core economic model showing how the availability of a product (supply) and the desire for it (demand)
What is Investment?
is the allocation of money, time, or resources into assets—such as stocks, bonds, real estate, or business ventures—with the expectation of generating future returns, income, or capital appreciation.
What are Taxes?
a Essential Economic Expense or levy imposed by a government
Macro economics study the development of individuals also?
No, the study of individuals development economically is Microeconomics
If Joseph earn less than others he pay less than they and the inflation doesnt affect him?
Wrong, Joseph is affected by inflation even if he earn less than others.
If Marta have 10 thousand of apples, but the town needs and want 2 thousands, The Prices of the apple will be less or more than regular prices?
The price of the apples will be less than regular prices because the supply exceeds the demand, creating a surplus.
How quickly can money be recovered if needed?
A. whenever you want
B. When is really important
C. Depends
D. the answer is C
Depends on the asset class and market conditions.
You should pay your taxes individualy using what form?
individuals primarily use Form 1040
Monetary Policy is one of the factor that Macro Economic study?
Yes, is one of the many factors such as inflation, unemployed, fiscal policy, etc.
which was the country with the highest inflation in the contemporary era? (1945 to present)
A. Zimbabwe
B. Venezuela
C. Yugoslavia
D. Third world idk
THE CORRECT ANSWER IS ZIMBABWE
primarily due to severe economic mismanagement, which included printing massive amounts of money to fund budget deficits,, the collapse of agricultural output due to land reforms, and, consequently, a total loss of confidence in the local currency.
Supply an army with food and guns it cost all the equipment and food around $4000 but they need more, the prices will go low to having more with less money or will increase for demand?
The prices will increase
is will be considering and investment having a debt for study and have a better career and better salary in a new job?
Taking on debt for education is generally considered a "good debt" investment if it directly leads to a higher-paying career
IRS
How much would the unemployment rate fall if the economy grows by 4% this year?
approximately 1 percentage
USA is the country with one of the most highest debt ever, How USA doesn't experiment a Hyperinflation?
The USA avoids hyperinflation despite its high debt because the US dollar is the world's primary reserve currency, creating massive global demand for dollar-denominated assets, which keeps interest rates in check
more people buy when the prices are low, and sell when the prices are high, what are this exactly?
is a strategy of investment, Buy low, sell high
Yes, Idaho now is the top potato-producing state in the U.S., growing roughly 25% to 33% of all potatoes nationwide.
How you can get a refund for your taxes?
To get a tax refund, you must file a federal or state income tax return, which calculates if you overpaid taxes through withholding or estimated payments, or if you qualify for refundable credits.
whether or not to place economic sanctions on another country, what are the macroeconomic issues?
assessing impacts on GDP growth, trade flows, inflation, and unemployment
The Inflation affected all the countries or just the countries with a capitalist economy?
Inflation is a global phenomenon affecting countries regardless of their economic system.
when there's the same amount of supply as the same amount of people want to buy the prices stayed regulated, this is know as?
Equilibrium Price
tricky question, having a cent that double it day by day until 2 months but u don't gonna see the money until 5 year, or having 10000 thousands invested and earn 114% each month until 5 years
What is the difference between a tax credit and a tax deduction?
Tax credits provide a direct, dollar-for-dollar reduction of your final tax bill, while tax deductions reduce the amount of your total income subject to taxation.