BLOOMBERG MARKET CONCEPTS STUDY EXAM /
QUESTIONS AND CORRECT ANSWERS 2024/2025
GRADED A+.
Inaccurately because the scope of GDP measurements can change. -
(answers)How accurately do GDP portray the economy and why?
It went down - (answers)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?
C= Consumer spending
I = Investment (Gross Fixed Capital Formation)
G= Government Spending
X= Exports
M= Imports - (answers)what is the meaning of each letter in the GDP formula,
C+I+G+(X-M).
Sweden performed better - (answers)Here is the most important economic data
for Australia and Sweden. which economy did better year-over-year (YOY) in the
fourth quarter of 2013 compared to the fourth quarter of 2012? Use the two
charts to investigate.
Consumer spending accounts for two-thirds of the U.S. economy when the
number of unemployed consumers rises, there is less consumer spending. -
, 2
(answers)In the United States, why is there a strong correlation between
unemployment and GDP?
The country has deflation. The bottom line is nominal growth and the top line is
real growth. - (answers)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?
PMI - (answers)Which of the following lines is the best leading economic
indicator?
Nonfarm payrolls go down, the PMI indicator goes DOWN, the housing starts goes
down. - (answers)What typically happens to nonfarm payrolls, the PMI indicator,
and housing starts at the onset of a recession in the United States?
Timeliness of release - (answers)Which of the following qualities of economic
indicators do investors prize the most?
Because GDP statistics are released well after other economic indicators. -
(answers)Why is the release of GDP statistics less interesting to investors than the
release of other economic indicators?
GDP - (answers)Which of the following important U.S. economic indicators is only
available on a quarterly basis?