Bloomberg Economics Test Questions Questions and Answers 100% Solved

Bloomberg Economics Test Questions Questions and Answers 100% Solved Gross Domestic Product (GDP) ️️Market value of all goods and services produced in a country- broadest and most comprehensive barometer of economic activity GDP formula ️️C+I+G+(X-M) C (consumption) I (Investment-$spent by businesses) G(government spending) X (exports) M(imports *if you see the term net exports they have already subtracted X-M* Five Economic Indicators ️️Economic growth Inflation Unemployment Business Confidence Housing Consumer Price Index (CPI) ️️Measures the cost of the market basket of a typical urban American family leading economic indicators ️️Any economic indicator that changes before the rest of the economy begins to go in a particular direction Real GDP ️️Is a main gauge of economic health Economic growth ️️Is cyclical, with a series of booms and busts