Finance Questions Jeopardy 5-1

DIRECTIONS: As in the popular TV game show, you are given an answer to a question and you must respond with the question. For example, if the answer is "a tax on imports," then the correct question is "What is a tariff?"

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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 financial 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. term describing 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. term describing national income minus taxes plus transfer payments.
9. the balance on a country's financial account when its current account has a deficit of $80 billion.
10. the financial account balance when foreigners buy more domestic assets than domestic residents buy of theirs during a year.

International Finance Theory and Policy - Chapter 5: Last Updated on 1/4/08