BLOOMBERG MARKET CONCEPTS
EXAM WITH CORRECT ANSWERS
Inaccurately because the scope of GDP measurements can
change. - CORRECT ANSWER-How accurately do GDP
portray the economy and why?
It went down - CORRECT ANSWER-Consider the formula GDP
= C+I+G+(X-M). A country is undergoing a boom in
consumption of domestic and foreign luxury goods. In one year,
the dollar growth in imports is greater than the dollar growth in
domestic consumption. Assuming nothing else has changed,
what happened to GDP?
C= Consumer spending
I = Investment (Gross Fixed Capital Formation)
G= Government Spending
X= Exports
M= Imports - CORRECT ANSWER-what is the meaning of
each letter in the GDP formula, C+I+G+(X-M).
Sweden performed better - CORRECT ANSWER-Here is the
most important economic data for Australia and Sweden. which
economy did better year-over-year (YOY) in the fourth quarter
of 2013 compared to the fourth quarter of 2012? Use the two
charts to investigate.
, Consumer spending accounts for two-thirds of the U.S.
economy when the number of unemployed consumers rises,
there is less consumer spending. - CORRECT ANSWER-In the
United States, why is there a strong correlation between
unemployment and GDP?
The country has deflation. The bottom line is nominal growth
and the top line is real growth. - CORRECT ANSWER-Here is a
chart showing both nominal GDP growth and real GDP growth
for a country. Which of the following can be a true statement at
the time the chart was captured?
PMI - CORRECT ANSWER-Which of the following lines is the
best leading economic indicator?
Nonfarm payrolls go down, the PMI indicator goes DOWN, the
housing starts goes down. - CORRECT ANSWER-What
typically happens to nonfarm payrolls, the PMI indicator, and
housing starts at the onset of a recession in the United States?
Timeliness of release - CORRECT ANSWER-Which of the
following qualities of economic indicators do investors prize the
most?
Because GDP statistics are released well after other economic
indicators. - CORRECT ANSWER-Why is the release of GDP
statistics less interesting to investors than the release of other
economic indicators?
GDP - CORRECT ANSWER-Which of the following important
U.S. economic indicators is only available on a quarterly basis?
nonfarm payrolls - CORRECT ANSWER-Which economic
indicator is most directly linked to unemployment?
EXAM WITH CORRECT ANSWERS
Inaccurately because the scope of GDP measurements can
change. - CORRECT ANSWER-How accurately do GDP
portray the economy and why?
It went down - CORRECT ANSWER-Consider the formula GDP
= C+I+G+(X-M). A country is undergoing a boom in
consumption of domestic and foreign luxury goods. In one year,
the dollar growth in imports is greater than the dollar growth in
domestic consumption. Assuming nothing else has changed,
what happened to GDP?
C= Consumer spending
I = Investment (Gross Fixed Capital Formation)
G= Government Spending
X= Exports
M= Imports - CORRECT ANSWER-what is the meaning of
each letter in the GDP formula, C+I+G+(X-M).
Sweden performed better - CORRECT ANSWER-Here is the
most important economic data for Australia and Sweden. which
economy did better year-over-year (YOY) in the fourth quarter
of 2013 compared to the fourth quarter of 2012? Use the two
charts to investigate.
, Consumer spending accounts for two-thirds of the U.S.
economy when the number of unemployed consumers rises,
there is less consumer spending. - CORRECT ANSWER-In the
United States, why is there a strong correlation between
unemployment and GDP?
The country has deflation. The bottom line is nominal growth
and the top line is real growth. - CORRECT ANSWER-Here is a
chart showing both nominal GDP growth and real GDP growth
for a country. Which of the following can be a true statement at
the time the chart was captured?
PMI - CORRECT ANSWER-Which of the following lines is the
best leading economic indicator?
Nonfarm payrolls go down, the PMI indicator goes DOWN, the
housing starts goes down. - CORRECT ANSWER-What
typically happens to nonfarm payrolls, the PMI indicator, and
housing starts at the onset of a recession in the United States?
Timeliness of release - CORRECT ANSWER-Which of the
following qualities of economic indicators do investors prize the
most?
Because GDP statistics are released well after other economic
indicators. - CORRECT ANSWER-Why is the release of GDP
statistics less interesting to investors than the release of other
economic indicators?
GDP - CORRECT ANSWER-Which of the following important
U.S. economic indicators is only available on a quarterly basis?
nonfarm payrolls - CORRECT ANSWER-Which economic
indicator is most directly linked to unemployment?
