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GDP and Business Cycle Review Flashcards | StudBud

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GDP and Business Cycle Review

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Questions 7

Answers

1
The 4 keys to stock market success are
stock market now, economy in 1 year, industries, and firm
stock market, economy and firm
being tough and sticking to your guns
sales, expenses and profit
2
Capital goods and durable goods
Are "big ticket" items that fluctuate along with the economy
are both purchased by households
Are both part of I, business investment
Are both part of C, consumer spending
3
The "I" in the GDP formula stands for:
Stock Market Investment
Net Foreign Investment
Business Investment
Investors
4
Describe the relationship between the stock market and the business cycle:
Changes in the economy lead to changes in stocks prices
The stock market is unrelated to the economy
Changes in stock prices anticipate changes in the economy
Investors ignor the economy in making their decisions
5
What are the 4 primary phases of the business cycle?
expansion, maturity, decline, take off
peak, decline, recession, expansion
peak, contraction, trough, expansion
start a new business, make money, sell it
6
What are the 3 primary economic goals for any Country?
The stock market, the general economy and the firm
Economic growth, minimize unemployment, minimize inflation
maximize return, minimize risk and live off of your winnings
Economic growth, maximize unemployment and inflation
7
Gross Domestic Product (GDP) is comprised of
C + Stocks + Consumption + exports
Exports - Imports
Capital Goods + Consumer Goods + Imports
C + I + G + Xn