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1. Increasing international market has led to a massive increase in the number of

foreign exchange transactions in recent decade.
2. The government made serious attempts raise standard of living.
3. National public debts, taken on a world scale, have almost shown a tendency to
increase without exception.
4. Monetary policy is one of the tools that a national government uses to influence
its economy
5. Macroeconomics stability means low unemployment, low inflation, high
economic growth
6. Spending on infrastructure (improvements to our motorway network) helps
provide the capacity needed for other businesses to flourish
7. The supply of good is negatively related to the price of inputs used to make the
good.
8. The equilibrium price changes when the supply and demand curve shift
9. Value-added tax is a typical example of indirect tax
10. Money accepted in payment for goods and services and debts makes the trading
process simpler and more efficient
11. Inflation is generally defined as the rise in the average prices of most goods and
services in one year as compared to the previous year.
12. Taxation as a term applies to all types of taxes, from income to gift to estate taxes
13. The job of the Central bank I to control the amount of money and credit in the
economy
14. All governments intervene through their macroeconomics policies in a bid to
achieve certain policy objectives
15. Fiscal policy involves the use of government spending, taxation and borrowing to
influence both economy
16. The relationship between price and quantity supplied is called the law of supply
17. The advance in technology can create a decrease in the firm’ costs
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18. A competitive market is a market in which there are many buyers and sellers of the
same good or service
19. The standard currency for international trade and investment in the US dollar
20. Wealth tax is imposed on the wealth processed by individuals in a country
21. Capital transfer tax is a typical example of direct tax
22. VAT is the tax imposed on sales of goods and services usually levied as a
percentage of, and added to, the price paid by the consumer
23. Without money, all transactions would have to be conducted by barter involves
direct exchange of one good or service for another
24. As more of a commodity supplied, its price will fall until it reaches its
equilibrium price
25. The purchasing power of local currency has halved (giam mot nua)
26. The money supply was controlled by the federal reserve as they had the ability to
print money at anytime
27. It is necessary to study economics because it can help you to use resources more
effectively
28. Microeconomics is the study of how individuals and companies make choices
regarding the allocation
29. Expenditures are everything that a government actually spends money on such as
social programs, education, and infrastructure
30. Much of government’ spending is a form of income or wealth distribution
31. Britain last year spent nearly 5000 million $ and more on importing food than
selling abroad
32. Government policy about exports and imports is Commercial policy
33. Budget is an amount of probable income and expenditure during a stated period
34. Government securities with terms of more than one year are government bonds
35. It is not the employer who pays the wages. Employers only handle the money. Its
is the customer who pays the wage
36. An increase of interest rate will lead to an increase in the demand of money
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37. Revenue is calculated by multiplying the price at which goods or services are sold
by the number of units or amount sold
38. Interest rate swaps often exchange a fixed payment for a floating payment that is
linked to an interest rate
39. Banks often cooperate with government in efforts to stabilize economy and
prevent inflation
40. Any improper transaction or violations of the policy must be reported to your
immediate supervisor
41. On the maturity date, a bond is worth its face value
42. Deficit spending is harmful when unemployment is low or the economy is
overheating
43. The Treasury bond is a debt security, issued by the government of a nation
44. In a modern market, prices are determined by the interactions of consumers,
workers and firms
45. One of the main functions of financial market is channeling funds from the people
with a surplus of fund to people with a shortage of fund
46. In a planned economy, the government directs producers to make and deliver
goods and services in specified amounts
47. Companies and government finance deficit spending with borrowing
48. To handle an overheated economy, ….
49. Deficit spending harmful is when inflation is too high
50. Stock brokers in the financial market make a profit by charging commission for
their services
51. Fiscal policy is the policy of a government in a relation to taxation and
government expenditure as a means of affecting aggregate economic activity
52. In a command economy, prices are determined by the government
53. Short-term debt instruments can be traded on the money market
54. To eliminate the effects of inflation, we measure real prices, rather than nominal
prices
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55. Customs duties are indirect taxes on goods at the entry of a country’s border, paid
by the importer
56. Gifts and inheritances over a certain value are often liable to a capital transfer
tax
57. People need the financial markets to transfer the financial resources from the
surplus to the shortage
58. Smitj believed that people who acted in their own self-interest produced goods
and wealth that benefited all of society
59. Central banks try to keep one eye on unemployment, resulting from the economic
slowdowns and one eye on inflation resulting result from a overheated economy
60. Progressive is frequently applied in reference to personal income taxes, where
61. Cost may include several of the production factors (land, capital, …) and
taxation
62. Money is more liquid than most other sources of value because as a medium of
exchange, it is really accepted everywhere
63. Public finance plays a vital role in nation’s growth and development,
domestically and internationally
64. Forward transaction is a commitment between two parties to exchange
currencies, agreeing on an exchange rate and the settlement will be at a specific
time in the future
65. Public revenue collects money from the public through direct and indirect taxes,
penalties, fines, fees, maintenance, …
66. Tariff is a typical example of indirect tax
67. The group is the world’s biggest producer of cooper, supplying around 6% of
global output
68. When the debts are denominated in money, the real value of debts may change due
to inflation and devaluation
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69. If a central bank uses the tools of monetary policy to reduce the demand for
goods and services, the likely result is lower inflation and higher unemployment
in short run
70. The government should allocate more national budget to educations and
healthcare
71. It is also means by which a distribution of income and wealth can be achieved
72. By bringing forward capital expenditure, a company can decrease year-end taxable
income and therefore decrease its tax expense
73. Inflation is a great threat to long-term investors because it erodes the value of
future dollars
74. Two goods are substitutes if a fall in the price of one of the goods make
consumers less willing to buy the other
75. The law of demand says that a higher price for a good, other things equal, leads
people tend to demand a smaller quantity of good
76. If the government wants to increase employment, government purchases should be
increased and/ or taxes should be decreased
77. Capital flows arising from trade in goods and services, international investments
and loans together create this demand for foreign currency
78. Economics is best defined as the study of choices made by people faced with
scarcity
79. In order to influence spending on goods and services in the short-run, monetary
policy is directed at directly influencing interest rates
80. Equilibrium is called the condition in which market supply matches market
demand
81. When the general price level rises, a unit of currency buys fewer goods and
services than in the past, so inflation reflects a decrease in purchasing power per
unit of currency.
82. The rise in US interest rates typically causes the dollar to strengthen against
other currencies, including Asian currencies
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83. Inflation is the rate at which the general level of prices for goods and services is
rising, consequently decreasing the purchasing power of currency.
84. A movement along the demand curve to the right, indicating an increase in
quantity demanded, may be caused by Increase in income
85. A situation where the expenditure of the government exceeds its revenue is called
budget deficit
86. Debt held by federal accounts is the debt that the federal government has borrowed
from itself
87. The federal government collects revenue from a variety of taxes, in there payroll
taxes become Trust Funds
88. Inflation results from an increase in the amount of circulating currency beyond the
needs of trade
89. The equilibrium price occurs where the supply of goods matches the demand for
goods
90. Most economists are concerned with practical applications of economic policy in a
particular area, such as finance, transportation, environment, or health
91. Economists have different theories. The. Theory of kynes strongly influences U.S
economic policy today.
92. One type of transactions in the foreign exchange market is spot transaction which
refer to the buying or selling of foreign currency with spot exchange rate at the
time of the transaction and time frame for settlement within two business days.
93. If the price increases, the quantity a buyer will purchase will decrease, and the
quantity supplied will increase.
94. Equilibrium in a market occurs when the quantity supplied is equal to the
quantity demanded.
95. Monetary policy involves the use of interest rates to control the level and rate of
growth of aggregate demand in the economy."
96. Tax shelter is a way to delay the payment of tax to a later time
97. Economic trends refer to changes or developments in economies
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98. Tax shelter a financial arrangement by which investment can be made without
paying tax
99. To contract the money supply, the Federal Reserve (the Fed) sells bonds
100. Public finance is a tool for the government to intervene in the economy to
regulate production and business activities.
101. Public finance reform in Vietnam still has some limitations such as tax
evasion, state budget revenue affected by the COVID-19 epidemic.
102. Modern macroeconomics often uses econometric methods to build and test
economic models based on large amounts of economic data.
103. There is no restriction on entry and exit from a perfectly competitive
market.
104. The management and supervision of public debt is ensured according to
market principles.
105. Tax and fee policies what have been issued are basically transparent,
simple and consistent with international integration commitments.
106. In Vietnam, the foreign exchange market is gradually stabilizing despite
many Barriers
107. 7. Banks buy foreign currency to keep the currency from depreciating
against foreign the bond issuer must pay interest to the bondholder and repay the
loan when the bond matures
108. Fiscal policy is the government policy to government spending and
revenue
109. Individuals and corporate entities can find it attractive to establish
subsidiaries move themselves to tax havens to reduce taxation level
110. As global transactions involve myriad vo so of currencies, it is essential to
set up exchange rate for each currency.
111. Using money as a simple unit of accounting provides a simple and
convenient way to compare the values of various items
112. My insurance premiums are only $50 per month
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113. The United States loses nearly $70 billion a year in tax revenue because
corporations loot America by shifting their profits to tax havens overseas.
114. Non-traditional exporters are exempt from customs duty machinery and
equipment. and VAT on imports of
115. Fiscal policy involves setting government spending and tax rates, whereas
monetary policy involves money supply and interest rates set by a Central Bank
116. Raising the prices we charge the consumer would enable us to raise wages
until we reach an equilibrium between supply and demand.
117. Unemployment, market economy. inflation and greater inequality are often
the downside of a
118. productivity is a key indicator of the long-term health of the economy.
119. The government wants to accelerate the growth of internet commerce.
120. A true monetary economy must therefore be using a token money. which is
nowadays a paper currency
121. The employee can seek compensation from the employer for breach
contract. of
122. Investors are holding out from Mexican stocks until they see clear signs of
an economic recovery.
123. On the market demand and supply graph, the vertical axis shows prices
124. In a market economy, prices are determined by market forces
125. If my government is selling me bread for $5 a loaf, and I have no choice but
to buy that type of bread, I live in a command economy.
126. The use of taxes and government spending to affect the economy fiscal
policy
127. Fiscal policy aims to influence the economic activity through the use of c.
government spending and taxation
128. The rate which the Fed charges banks for a loan Discount rate
129. When CDs became popular, people stopped listening to tape cassettes. This
caused the demand curve for tape cassettes to shift left
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130. Our tax money is spent on all of the following except Private School
Education
131. . If the government takes in more than it spends it is known as budget
deficit
132. Risk, a simple four letter word, is the entire reason for the existence of the
insurance industry
133. The change in the quantity of capital from one period to the next is equal to
net investment
134. The Finance Minister will be making an official statement today about new
rates of income tax
135. When the company was declared bankrupt, all its fixed assets were claimed
by its creditors
136. A person's credit rating is a formal evaluation of his/her loan - repayment
history or potential
137. By adding a strawberry and blackberry crops to a corn and soybean farm, a
producer becomes more diversified
138. If the demand for tennis rackets increases, the price of rackets will increase
139. Before starting a business, you have to raise the necessary capital
140. Creative accounting is finding ways of explaining how many has been
spent while hiding what has really happened to it
141. In the circular flow model, consumption goods are bought and sold in the
goods market
142. Each department within the organization is given a budget within which it
has to remain for the whole year
143. The product most attracted interest were smaller and lighter models
144. In the long term inflation is due to increase in the price of raw materials.
This is the situation where prices rise to keep up with increased production cost
145. Coca-Cola employees enjoy high salaries. therefore, they can claim
traveling expenses
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146. A fall in prices can result in serious difficulties to many producers and may
cause them to go out business completely.
147. A group of certain companies monopolize, the market when they have
completely controlled over particular commodities.
148. We've spent a large part of our budget on advertising
149. Although the market is not growing, sales are expected to increase
substantially until the end of the century
150. Employees have the right to claim their business expenses