Bloomberg Answers
Ec onomic Indicators
The Primacy Of GDP (30 Min.)
Knowledge Check1
How Accurately Do GDP Statistics Portray The Economy And Why?
• Inaccurately Because The Scope Of GDP Measurements Can
Change. Knowledge Check 2
Consider The Formula GDP = C + I + (X- M). A Country Is Undergoing A Boom In Con
Domestic And Foreign Luxury Goods. In One Year, The Dollar Growth In Imports Is G
The Dollar Growth In Domestic Consumption. Assuming Nothing Else Has Changed
Happened To GDP?
• It Went Down.
Knowledge Check 3
Here Is The Most Important Economic Data For Australia And Sweden. Which Econo
Better Year-Over-Year (YOY) In The Fourth Quarter Of 2013 Compared To The Four
Of 2012?
Use The Two Charts To Investigate.
• Sweden Performed Better.
Knowledge Check 4
In The US, Why Is There A Strong Correlation Between Unemployment And GDP?
• Consumer Spending Accounts For Two-Thirds Of The U.S. Economy. When T
Number Of Unemployed Consumers Rises, There Is Less Consumer Spendin
S ECTION QUIZ
1. Here Is A Chart Showing Both Nominal GDP Growth And Real GDP Growth Fo
Country. Which Of The Following Can Be A True Statement At The Time The
Was Captured?
a. The Country Has Deflation. The Bottom Line Is Nominal Growth And The
Real Growth.
2. Which Of The Following Lines Is The Best Leading Economic Factor?
a. PMI
3. The “Misery Index” Is Often Cited In The Media As A Way To Measure Consum
Defined As The Inflation Rate Plus The Unemployment Rate. Review And Ide
,Goes DOWN.
, Monitoring GDP (10 Min.)
S ECTION QUIZ
1. Which Of The Following Qualities Of Ec onomic Indicators Do Investors Prize Th
a. Timeliness Of Release.
2. Why Is The Release Of GDP Statistics Less Interesting To Investors Than The
Other E c onom ic Indicators?
a. Because GDP Statistics Are Released Well After Other Ec onomic Indicat
3. Which Of The Following Important U.S. Ec onomic Indicators Is Only Available O
Quarterly Basis?
a. GDP
4. Which Economic Indicator Is Most Directly Linked To Unemployment?
a. Nonfarm Payrolls.
Forecasting GDP (20 Min.)
Knowledge Check 1
Here Is The Economic Calendar For The UK For August 2013. Examine Indicators Like
Prices, Industrial Production, Employment, Retail Sales, And GDP. Based On These M
Indicators, How Did The UK Economy Perform Overall?
• Above Expectations
Knowledge Check 2
This Chart Was Captured In Mid-2014. At That Point In Time, Which Of The Following
Would Have Described The Growth In The Chinese Economy Predicted In This Pop
• Deceleration
Knowledge Check 3
How Have Economic Forecasts For This Economy Evolved?
• Minimal Change
S ECTION QUIZ
1. These Charts Show Data For Four Countries As Of Early 2016. For Each Count
Purple Line Denotes Historic Real GDP Growth. The White Line Denotes The
Estimated Real GDP Growth. The Red Line Denotes The Most Pessimistic An
Forecast. The Green Line Denotes The Most Optimistic Analyst Forecast. Fo
Country Is There The Most Controversy Among The Analyst Community Ab
Growth?
a. RUSSIA
Ec onomic Indicators
The Primacy Of GDP (30 Min.)
Knowledge Check1
How Accurately Do GDP Statistics Portray The Economy And Why?
• Inaccurately Because The Scope Of GDP Measurements Can
Change. Knowledge Check 2
Consider The Formula GDP = C + I + (X- M). A Country Is Undergoing A Boom In Con
Domestic And Foreign Luxury Goods. In One Year, The Dollar Growth In Imports Is G
The Dollar Growth In Domestic Consumption. Assuming Nothing Else Has Changed
Happened To GDP?
• It Went Down.
Knowledge Check 3
Here Is The Most Important Economic Data For Australia And Sweden. Which Econo
Better Year-Over-Year (YOY) In The Fourth Quarter Of 2013 Compared To The Four
Of 2012?
Use The Two Charts To Investigate.
• Sweden Performed Better.
Knowledge Check 4
In The US, Why Is There A Strong Correlation Between Unemployment And GDP?
• Consumer Spending Accounts For Two-Thirds Of The U.S. Economy. When T
Number Of Unemployed Consumers Rises, There Is Less Consumer Spendin
S ECTION QUIZ
1. Here Is A Chart Showing Both Nominal GDP Growth And Real GDP Growth Fo
Country. Which Of The Following Can Be A True Statement At The Time The
Was Captured?
a. The Country Has Deflation. The Bottom Line Is Nominal Growth And The
Real Growth.
2. Which Of The Following Lines Is The Best Leading Economic Factor?
a. PMI
3. The “Misery Index” Is Often Cited In The Media As A Way To Measure Consum
Defined As The Inflation Rate Plus The Unemployment Rate. Review And Ide
,Goes DOWN.
, Monitoring GDP (10 Min.)
S ECTION QUIZ
1. Which Of The Following Qualities Of Ec onomic Indicators Do Investors Prize Th
a. Timeliness Of Release.
2. Why Is The Release Of GDP Statistics Less Interesting To Investors Than The
Other E c onom ic Indicators?
a. Because GDP Statistics Are Released Well After Other Ec onomic Indicat
3. Which Of The Following Important U.S. Ec onomic Indicators Is Only Available O
Quarterly Basis?
a. GDP
4. Which Economic Indicator Is Most Directly Linked To Unemployment?
a. Nonfarm Payrolls.
Forecasting GDP (20 Min.)
Knowledge Check 1
Here Is The Economic Calendar For The UK For August 2013. Examine Indicators Like
Prices, Industrial Production, Employment, Retail Sales, And GDP. Based On These M
Indicators, How Did The UK Economy Perform Overall?
• Above Expectations
Knowledge Check 2
This Chart Was Captured In Mid-2014. At That Point In Time, Which Of The Following
Would Have Described The Growth In The Chinese Economy Predicted In This Pop
• Deceleration
Knowledge Check 3
How Have Economic Forecasts For This Economy Evolved?
• Minimal Change
S ECTION QUIZ
1. These Charts Show Data For Four Countries As Of Early 2016. For Each Count
Purple Line Denotes Historic Real GDP Growth. The White Line Denotes The
Estimated Real GDP Growth. The Red Line Denotes The Most Pessimistic An
Forecast. The Green Line Denotes The Most Optimistic Analyst Forecast. Fo
Country Is There The Most Controversy Among The Analyst Community Ab
Growth?
a. RUSSIA
