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Regulatory Guidelines and Robo-Advice in Financial Firms

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Regulatory Guidelines and Robo-Advice in Financial Firms

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Questions and Answers

What was the annual rate of inflation for the 12-month period from November 2021 to November 2022?

14.8%

12.4%

5.2%

9.4% (correct)

Which measure is commonly used to determine a country's output?

Total income received by individuals

Individuals' total expenditure on firms' output

Total income paid by firms to individuals

Value of total output generated by firms (correct)

What is the circular flow of income in an economy based on?

Both individuals and firms (correct)

Government and individuals

Firms only

Individuals only

How can economic activity be measured?

By the value of total output generated by firms Signup and view all the answers

What does GDP stand for?

Gross Domestic Product Signup and view all the answers

What is the primary source of productive resources for firms in an economy?

'Individuals' Signup and view all the answers

In the context of economic statistics, what does CPI refer to?

Consumer Price Index Signup and view all the answers

'Individuals use their income to buy the entire output produced by firms' is an example of:

'Circular flow of income' Signup and view all the answers

What does the rise in CPI from November 2021 to November 2022 indicate?

Rise in prices Signup and view all the answers

Regulatory Guidelines and Robo-Advice in Financial Firms

Choose a study mode

Podcast

Questions and Answers

What was the annual rate of inflation for the 12-month period from November 2021 to November 2022?

Which measure is commonly used to determine a country's output?

What is the circular flow of income in an economy based on?

How can economic activity be measured?

What does GDP stand for?

What is the primary source of productive resources for firms in an economy?

In the context of economic statistics, what does CPI refer to?

'Individuals use their income to buy the entire output produced by firms' is an example of:

What does the rise in CPI from November 2021 to November 2022 indicate?

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