Bloomberg Economic Indicators Questions and Answers Already Passed

Bloomberg Economic Indicators Questions and Answers Already Passed 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 It went down Here is a chart displaying economic estimates of the initial jobless claims economic indicator, one of the main unemployment statistics in the U.S. It measures the number of new applicants for unemployment benefits. What was the level of the analyst with the most optimistic outlook? 260 Here is a chart showing both nominal and real GDP growth for a country. Which of the following can be a true statement? The country has deflation. The bottom line is nominal growth and the top line is real growth. Here is the economic calendar for the united Kingdom for Aug 2013. Explore indicators like PMI, house prices, employment, and GDP. how was performance overall? Above expectations Here is the most important economic data for Australia and Sweden. Which economy did better year-over-year (YOY) ion the 4th quarter of 3012 compared to the 4th quarter in 2012? Use charts Sweden How accurately do GDP statistics portray the economy and why? Inaccurately because the scope of GDP measurements can change How have economic forecasts for this country evolved? Minimal change In the US, whys is there a strong correlation between unemployment and GDP? Consumer spending accounts for 2/3 of the US economy. When the number of unemployment rises, there is less consumer spending. 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. Review the char and identify the country with the highest misery index Italy The white line denotes GDP growth. Which of the following lines is the best leading economic indicator? Green line