Bloom Markets Concepts Test Questions and Answers 100% Solved

Bloom Markets Concepts Test Questions and Answers 100% Solved In 2015, an accounting gimmick gave Ireland a 26% growth rate in GDP. What does this event reflect about the nature of GDP? ️️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? ️️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? ️️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? ️️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? ️️Nonfarm payrolls go DOWN, the PMI indicator goes DOWN, the housing starts goes DOWN.