Bloomberg Economic Indicators |
Review Questions and Verified Answers | Grade
A | 100% Correct- Chamberlain
Quiz_________________?
How accurately do GDP statistics portray the economy and why? -
Answer☑️
Inaccurately because the scope of GDP measurements can change
Quiz_________________?
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> -
Answer☑️
It went down
Quiz_________________?
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 -
Answer☑️
Sweden
Quiz_________________?
In the US, whys is there a strong correlation between unemployment and GDP? -
Answer☑️
Consumer spending accounts for 2/3 of the US economy. When the number of
unemployment rises, there is less consumer spending.
Quiz_________________?
Here is a chart showing both nominal and real GDP growth for a country. Which of the
following can be a true statement? -
Answer☑️
The country has deflation. The bottom line is nominal growth and the top line is real
growth.
, 2
Quiz_________________?
The white line denotes GDP growth. Which of the following lines is the best leading
economic indicator? -
Answer☑️
Green line
Quiz_________________?
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 -
Answer☑️
Italy
Quiz_________________?
What type of indicators are unemployment and business confidence? -
Answer☑️
Unemployment is coincident and business conflict is leading
Quiz_________________?
Which of the following qualities of economic indicators do invests prize most? -
Answer☑️
Timeliness of release
Quiz_________________?
Why is the release of GDP statistics less interesting to investors than other indicators? -
Answer☑️
Because GDP statistics are released well after other economic indicators
Quiz_________________?
Which of the following important US economic indicators is only available on a quarterly
basis? -
Answer☑️
GDP
Quiz_________________?
Which economic indicator is most directly linked to unemployment? -
Answer☑️
Nonfarm payrolls
Quiz_________________?
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? -
Answer☑️
Above expectations