Determinants
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Terms of Trade
the rate at which units of one product can be exchanged for units of another product.
What is the concept regarding the current and financial account?
Balance of Payments
Who is the biggest Eagles fan?
DBK.
PPC Curve
Quantity and quality of resources (natural and human)
Technology
Capital
Subsidy
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
Which account also goes by "capital account"?
The financial account
When was the Eagle's mascot "Swoop" introduced?
While the Philadelphia Eagles date back to 1933, their official mascot Swoop wasn’t introduced until 1996—meaning for over 60 years, the team had no official live mascot on the sidelines.
Forex Determinants
Taste
Interest Rates
Wealth Abroad
Price Level
Surplus
too much quantity and not enough demand
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True or False: Their original logo faced the opposite direction of every other NFL team
True!
Demand Determinants
Change in buyer taste
Change in number of buyers / population
Change in income
Changes in price of related goods
Complementary goods
Substitute Good:
Expecting price to rise
Expecting income to rise
Shortage
too much demand, not enough quantity
Is investment income in the current account or the financial account?
What symbol were the Eagles named after?
They were named after a New Deal symbol
The name “Eagles” was inspired by the National Recovery Administration, whose Blue Eagle symbol represented economic recovery during the Great Depression—making the team’s name rooted in federal policy history.
Supply Determinants
Change in resource prices
Change in technology
Change in tax
Change in government subsidy
Change in price of substitute goods
Change in producer expectations
Change in number of sellers
Income effect
When a price falls, consumers can buy more, while a price increase causes them to buy less, which affects their overall consumption patterns for both normal and inferior goods.
Is balance of trade in the current account or the financial account?
current account
Which Eagles stadium had a jail installed in it?
Old Veterans Stadium had an actual jail and courtroom inside due to rowdy fan behavior in the 1990s. It’s one of the wildest stadium facts in sports.