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Week 6 - HR7004: Mental Wealth: Professional exchange & Applied research Flashcards | StudBud
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Week 6 - HR7004: Mental Wealth: Professional exchange & Applied research
Week 6 - HR7004: Mental Wealth: Professional exchange & Applied research
30 terms
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Questions
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Answers
1
Which of the following countries is NOT part of BRICS?
China
Russia
Brazil
None of the above
2
Which market trend is predicted to dominate digital finance in the coming years?
Cryptocurrencies
Crowdfunding platforms
AI-powered financial advisors
Mobile payment adoption
3
Which global event has contributed significantly to economic uncertainty?
COVID-19 pandemic
Russia-Ukraine conflict
Financial crisis of 2008
US-China trade war
4
How often does the global reserve currency tend to change?
Every 30 years
Every 80-100 years
Every 200 years
Every 50 years
5
What impact has the digital revolution had on emerging markets?
Declining population growth
Increased foreign investment
Increase in local manufacturing
Stagnation in tech development
6
Why are central bank digital currencies (CBDCs) gaining popularity?
To replace traditional banking systems
To replace physical cash
To increase financial inclusion
To promote tax evasion
7
Which industry has been significantly affected by the rise of digital media?
Tourism
Entertainment industry
Healthcare
Retail industry
8
What is a key characteristic of megatrends?
Economic unpredictability
Long-term structural shifts
Sudden policy changes
Short-term fluctuations in stock markets
9
What is a megatrend in the global economy?
The rise of e-commerce
Rise of AI and automation
High inflation rates
Declining economic inequality
10
Which technological advancement is leading the next digital revolution?
5G technology
Internet of Things (IoT)
Blockchain technology
Quantum computing
11
Which policy is NOT considered a geo-economic tool?
Investment policy
Sanctions
Trade policy
Cybersecurity measures
12
Which economic sector is most influenced by generative AI?
Healthcare and biotechnology
Retail and e-commerce
Automated manufacturing
Aerospace and defense
13
What is the significance of declining productivity in the global economy?
Leads to higher costs
Reduces production costs
Promotes deflation
Encourages job creation
14
Why is inflation expected to rise in 2025?
Increase in global conflicts
Increased labour wages
Supply chain disruptions
Decline in global demand
15
Why has the US dollar faced challenges as a global reserve currency?
Excessive debt accumulation
Increased printing of dollars
Rise in cryptocurrency adoption
Lack of technological advancement
16
Which of the following is NOT an economic macro trend for 2025?
High global inflation
Stable stock market growth
Declining interest rates
De-globalization
17
What is the primary driver behind greenflation?
Increased investment in fossil fuels
Government regulations on carbon emissions
Rise in fossil fuel consumption
High cost of renewable energy materials
18
What is one of the key impacts of economic resilience strategies?
Reduction in financial dependency on the US dollar
Increased reliance on foreign trade
Expansion of corporate monopolies
Greater financial inequality
19
What is the primary objective of geo-economics?
Enforcing trade embargoes
Enhancing military strength
Supporting humanitarian aid programs
Using economic strategies for geopolitical goals
20
Which of the following factors contributes to economic contraction?
Global decline in employment
Increased government spending
Overproduction in industries
Higher costs of capital
21
What is one reason for the decline of traditional TV consumption?
Greater access to premium TV content
Growth of social media streaming
Increased reliance on smart TVs
Increase in high-definition TV content
22
What does 'de-globalisation' mean in the context of macroeconomic trends?
Increased global cooperation
Reduction in global competition
Expansion of global trade
Expansion of industrial automation
23
Which sector is a major contributor to sustainable energy transitions?
Textile and fashion
Automotive
Pharmaceuticals
Agriculture
24
Which economic strategy is BRICS adopting to reduce reliance on the US dollar?
Tax cuts for large corporations
De-dollarization
Privatization of industries
Increase in direct foreign investments
25
Which currency has held global reserve status for the longest period?
Netherlands
France
Britain
Spain
26
What percentage of people aged 55+ own Bitcoin?
10%
37%
5%
3%
27
What is one of the major risks associated with financial assets in 2025?
Declining productivity
Stock market overvaluation
Decreasing corporate taxes
Rising interest rates
28
What is a major challenge for Bitcoin as a financial asset?
High volatility
Low transaction costs
Regulatory uncertainty
Lack of scalability
29
What is a key reason for the rise of state capitalism?
Rise of new market players
Government control over the economy
Privatization of public sectors
Lack of competition
30
Which factor is leading to labour shortages in the global workforce?
Decline in birth rates
Growth of gig economy
Increase in remote work opportunities
Aging population
