lOMoAR cPSD| 26961842
2023 BLOOMBERG MARKETS CONCEPTS (BMC)TESTBANK
100%CORRECT ANSWERS GUARANTEED IN TB WITH ALL-
NEW QUESTIONS AND ANASWERS A+!
Which driver weakened the Swiss franc? (C) - ANSWERa) A surprise change in net export expectations
b) A surprise change in interest rates expectations
c) A surprise change in inflation expectations
d) A surprise change in valuation expectations
How accurately do GDP portray the economy and why? - ANSWERInaccurately because the scope of GDP
measurements can change.
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? - ANSWERIt went
down
Here is the most important economic data for Australia and Sweden. which economy did better
yearover-year (YOY) in the fourth quarter of 2013 compared to the fourth quarter of 2012? Use the two
charts to investigate. - ANSWERSweden performed better
In the United States, why is there a strong correlation between unemployment and GDP? -
ANSWERConsumer spending accounts for two-thirds of the U.S. economy when the number of
unemployed consumers rises, there is less consumer spending.
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? - ANSWERThe country has
deflation. The bottom line is nominal growth and the top line is real growth.
, lOMoAR cPSD| 26961842
Which of the following lines is the best leading economic indicator? - ANSWERPMI
The "misery index" is often cited in the media as a way to measure consumer pain. It is defined as the
inflation rate plus the unemployment rate..... - ANSWERArgentina
What typically happens to nonfarm payrolls, the PMI indicator, and housing starts at the onset of a
recession in the United States? - ANSWERNonfarm 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? -
ANSWERTimeliness of release
Why is the release of GDP statistics less interesting to investors than the release of other economic
indicators? - ANSWERBecause 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? -
ANSWERGDP
Which economic indicator is most directly linked to unemployment? - ANSWERnonfarm payrolls
Here is the economic calendar for the UK for august 2013. Examine indicators like PMI,...... -
ANSWERAbove expectations
This chart was captured in mid-2014. At that point in time, which of the following terms..... -
ANSWERDeceleration
How have economic forecasts for this county evolved? - ANSWERMinimal Change
These charts show data for four countries as of early 2016. For each country, the purple line.... -
, lOMoAR cPSD| 26961842
ANSWERRussia
What is the main reason that investment banks create estimates of economic indicators? - ANSWERTo
know when specific economic data points are a positive or negative surprise.
Which of the following is the biggest pitfall of economic indicators? - ANSWERThey do not consistently
presage turning points.
Here is a chart displaying estimates of the initial jobless claims indicator, one of the main
unemployment.... - ANSWER260
Which country is the fourth biggest importer and exporter? - ANSWERJapan
In 1994, the Mexican peso declined against the US dollar during so-called "Tequila Crisis.".... -
ANSWERBoth countries had large dollar-denominated debts
Using the chart given, how many NZD can you buy with 100 AUD? - ANSWER107.89
Allison lives in America and has just retired. It is early 2016..... - ANSWERNorway
Review the currency pair charts for the Barbadian dollar agains the Jamaican dollar...... - ANSWERHong
Kong dollar against the Macanese pataca
Which of the following is not an example of a failed peg? - ANSWERHong Kong dollar against the U.S.
dollar in 1997.
Use the cart below to answer the question. How many Danish crown (DKK) will buy 100 (JPY) -
ANSWER5.360
2023 BLOOMBERG MARKETS CONCEPTS (BMC)TESTBANK
100%CORRECT ANSWERS GUARANTEED IN TB WITH ALL-
NEW QUESTIONS AND ANASWERS A+!
Which driver weakened the Swiss franc? (C) - ANSWERa) A surprise change in net export expectations
b) A surprise change in interest rates expectations
c) A surprise change in inflation expectations
d) A surprise change in valuation expectations
How accurately do GDP portray the economy and why? - ANSWERInaccurately because the scope of GDP
measurements can change.
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? - ANSWERIt went
down
Here is the most important economic data for Australia and Sweden. which economy did better
yearover-year (YOY) in the fourth quarter of 2013 compared to the fourth quarter of 2012? Use the two
charts to investigate. - ANSWERSweden performed better
In the United States, why is there a strong correlation between unemployment and GDP? -
ANSWERConsumer spending accounts for two-thirds of the U.S. economy when the number of
unemployed consumers rises, there is less consumer spending.
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? - ANSWERThe country has
deflation. The bottom line is nominal growth and the top line is real growth.
, lOMoAR cPSD| 26961842
Which of the following lines is the best leading economic indicator? - ANSWERPMI
The "misery index" is often cited in the media as a way to measure consumer pain. It is defined as the
inflation rate plus the unemployment rate..... - ANSWERArgentina
What typically happens to nonfarm payrolls, the PMI indicator, and housing starts at the onset of a
recession in the United States? - ANSWERNonfarm 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? -
ANSWERTimeliness of release
Why is the release of GDP statistics less interesting to investors than the release of other economic
indicators? - ANSWERBecause 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? -
ANSWERGDP
Which economic indicator is most directly linked to unemployment? - ANSWERnonfarm payrolls
Here is the economic calendar for the UK for august 2013. Examine indicators like PMI,...... -
ANSWERAbove expectations
This chart was captured in mid-2014. At that point in time, which of the following terms..... -
ANSWERDeceleration
How have economic forecasts for this county evolved? - ANSWERMinimal Change
These charts show data for four countries as of early 2016. For each country, the purple line.... -
, lOMoAR cPSD| 26961842
ANSWERRussia
What is the main reason that investment banks create estimates of economic indicators? - ANSWERTo
know when specific economic data points are a positive or negative surprise.
Which of the following is the biggest pitfall of economic indicators? - ANSWERThey do not consistently
presage turning points.
Here is a chart displaying estimates of the initial jobless claims indicator, one of the main
unemployment.... - ANSWER260
Which country is the fourth biggest importer and exporter? - ANSWERJapan
In 1994, the Mexican peso declined against the US dollar during so-called "Tequila Crisis.".... -
ANSWERBoth countries had large dollar-denominated debts
Using the chart given, how many NZD can you buy with 100 AUD? - ANSWER107.89
Allison lives in America and has just retired. It is early 2016..... - ANSWERNorway
Review the currency pair charts for the Barbadian dollar agains the Jamaican dollar...... - ANSWERHong
Kong dollar against the Macanese pataca
Which of the following is not an example of a failed peg? - ANSWERHong Kong dollar against the U.S.
dollar in 1997.
Use the cart below to answer the question. How many Danish crown (DKK) will buy 100 (JPY) -
ANSWER5.360
