Regulation Global Chapter 3

Which of the following statement is most correct to say: Statement 1: A financial advisor can most accurately predict the future financial trend. Statement 2: A financial advisor has used the most up-to-date quality information to develop a client’s recommendation or strategy over time the economic environment is sure to change enough that the initial assumptions are no longer correct.

Who is responsible to formulate the monetary policy for the territory?

Who is responsible to formulate the fiscal policy for the territory?

Which of the following are the tools used by central bank to accomplish monetary policy objective?

Which of the following statement is correct: Statement 1: When the central bank wants to increase the supply of money in the economy it will buy government bonds. Statement 2: When the central bank wants to remove money from the economic system it will sell government bonds.

Which of the following is least likely be done to increase money supply in system:

Which of the following is most likely be done to decrease money supply in system:

“—are the fiscal policies that are implemented by making a singular (i.e. one-off) policy change.

“—uses either fiscal drag or fiscal boost to stabilize the economy

Which of the following statement is correct? Statement 1: Fiscal drag uses a progressive tax policy Statement 2: Fiscal drag can be provided by lowering tax rates with the resulting increase in more available income

“—is the study of how people businesses and governments deal with the problem of scarcity which means the excess of human wants over what can actually be produced to fulfill these wants.

Which of the following is an economic indicator?

Which of the following is a recurring pattern in the economy consisting first of growth followed weakness and downturn (recession) and finally by recovery and a resumption of growth?

Which of the following statement is correct? Statement 1: The business cycle focuses on the short-term. Statement 2: The business cycle focuses on the long-term.

The environment when actual output (i.e. short term) exceeds potential output is known as an —

The environment in which actual output is less than potential output—

Which of the following denote a period of rapid economic expansion resulting in higher GDP lower unemployment?

Which of the following denote a situation where consumer are more than willing to pay ever-higher prices for the goods they desire.

Which of the following statement about financial market and bubble is true? Statement 1: It is not easy to identify a bubble or to know where it is in its cycle. Statement 2: It can be difficult to bring a bubble back under control.

Which of the following economic indicator predict economic condition?

Which of the following economic indicator confirm current economic condition?

Which of the following option is odd among them?

Which of the following is not a leading indicator?

Which of the following is concerned with the study of overall economy works?

“—is a study of how supply and demand interact in individual markets for goods and services.

According to which of the following “Wealth consisted of the goods and services that impacted the nation’s standard of living”

Which of the following was a statement made by Jean Baptiste Say:

When the central bank wants to tighten monetary policy, it will —- interest rates, while a rate — indicates the bank wants to ease policy.

Financial advice is integrally involved with economics.

Economics is the study of the use of scarce resources which have alternative uses