Economic Activity
It is an economic model that illustrates the flow of money between firms and households at a macroeconomic level.
circular flow of income
Countries use a method called _____________ (PPP) to convert their GNIs into US dollars.
purchasing power parity
________________ is the study of the economic activity from a whole economy perspective.
macroeconomics
What is the first name of the protagonist in the Japanese anime: Slam Dunk?
Hanamitchi
_________ from the circular flow occur when money leaves the economy.
withdrawals
___________ is used by the United Nations Development Program to measure a country's economic development in terms of life expectancy, education, and material standard of living.
human development index
The circular flow income model's importance as an economic theory was developed by ________________ in 1936.
John Maynard Keynes
In the Harry Potter movies, who killed Dumbledore?
Snape/Severus Snape
__________ by businesses when they buy capital such as new buildings and machinery
investment
The United Nations has also developed the _________________ based on a survey of how people rate their own lives.
world happiness report
___________ is measuring GNI per head of population.
GNI per capita
Who is the leader of the KPOP group BTS?
Kim Nam-joon
_________ is the money value of all final goods and services produced by that country in one year.
GDP
Which of the following components is not included in the HDI?
A. Real GNI per capita
B. Rate of absolute poverty
C. Life Expectancy in years
D. Mean years of schooling and expected years of schooling
B/Rate of absolute poverty
The ______________ occurs when the rate of growth is above the trend rate.
Boom Phase
Who composed the song: Back to December?
Taylor Swift
The surplus of the value of exports over the value of imports.
net exports
â—¦Costa Rica is a country that has always performed well in ________________ .
happy planet index.
A ___________ is technically defined as a period of two consecutive quarters of negative growth in real GDP.
recession
Which group sang the song: DDU-DU DDU-DU?
Blackpink