FINA 061 Bloom Markets Concepts 2023 latest exam guide solution

Bloom Markets Concepts 2023 latest exam guide solution In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP? - ANS If the measurement of economic activity evolves, GDP can change. 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? - ANS The country has inflation. The top line is nominal growth and the bottom line is real growth. Which of the following lines is the best leading economic indicator? - ANS PMI GDP per capita is a measure of prosperity because it divides the total GDP of a country by its population. Which of the below forecasts for a country would result in the highest GDP per capita growth? - ANS An increase of 2% in GDP and a population growth of 0% 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. 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 GDP statistics are released well after other economic indicators. Which of the following important U.S. economic indicators is only available on a quarterly basis? - ANS GDP Which economic indicator is most directly linked to the average person's cost of living? - ANS CPI Examine China's predicted economic activity on the below table captured in April 2019. As of that date, which of the following terms would have best described the predicted growth in the Chinese economy for 2021? (graph) - ANS Deceleration How have economic forecasts for this country evolved as shown in the chart below?