Finance Jeopardy 5-1

1. a measure of national output occurring within the nation's borders.
2. a measure of national output including all production by domestic factors regardless of location.
3. a measure of the value of all capital equipment and services purchased during a year.
4. a country's capital account balance when its trade balance is - $60 billion and its service balance is + $25 billion.
5. the level of government spending when the government deficit is $100 billion, transfer payments are $800 billion and tax revenues are $1300 billion.
6. an excess of government receipts over expenditures.
7. international transactions for shares of stock in corporations (in excess of 10% of the company's value) or for real estate.
8. national income minus taxes plus transfer payments.
9. the balance on a country's capital account when its current account has a deficit of $80 billion.
10. the capital account balance when foreigners buy more domestic assets than domestic residents buy of theirs during a year.