Bloomberg Concept Questions With Correct Answers

BLOOMBERG CONCEPT QUESTIONS
WITH CORRECT ANSWERS



BLOOMBERG CONCEPT QUESTIONS
WITH CORRECT ANSWERS
Which of the following qualities of economic indicators do investors
prize the most? - ANS>timeliness of release


Why is the release of GDP statistics less interesting to investors than
the release of other economic indicators? - ANS>because GPD statistics
are released well after other economic indicators


Which of the following important US economic indicators is only
available on a quarterly basis? - ANS>GDP


Which economic indicator is most directly linked to unemployment? -
ANS>nonfarm payrolls


How accurately do GDP statistics portray the economy and why? -
ANS>inaccurately because the scope of GDP measurements can change


Which of the following lines is the best leading economic indicator? -
ANS>PMI

, BLOOMBERG CONCEPT QUESTIONS
WITH CORRECT ANSWERS



What typically happens to nonfarm payrolls, the PMI indicator, and
housing starts at the onset of a recession in the United States? -
ANS>Nonfarm payrolls go down, the PMI indicator goes DOWN, the
housing starts goes down.


How have economic forecasts for this country (US) evolved? -
ANS>minimal change


What is the main reason that investment banks create estimates of
economic indicators? - ANS>To know when specific economic data
points are a positive or negative surprise


Which of the following is the biggest pitfall of economic indicators? -
ANS>They do not consistently presage turning points


Which country is the fourth biggest importer and exporter? -
ANS>Japan


Which of the following is not an example of a failed peg? - ANS>Hong
Kong dollar against the U.S. dollar in 1997.