Bloomberg Market Concepts Exam (Latest
Update ) Questions and
Answers | Grade A | 100% Correct
What is the formula for GDP? - correct answer C+I+G+(X-M)
In the US, why is there a strong relationship between unemployment and GDP? -
correct answer Consumer spending accounts for 2/3's of the US economy. When the
number of unemployed consumers rises, there is less consumer spending.
What typically happens to nonfarm payrolls, the PMI indicator, and the housing starts
at the onset of a recession in the Untied States? - correct answer Nonfarm payrolls go
DOWN, the PMI indicator goes DOWN, the housing starts goes DOWN
Which of the following qualities of economic indicators do investors prize the most? -
correct answer Timeliness of release
Why is the release of GDP statistics less interesting to investors than the release of
other economic indicators? - correct answer Becuase GDP stats are released well after
other economic indicators
Which of the following important U.S. economic indicators is only available on a
quarterly basis? - correct answer GDP
, Bloomberg Market Concepts Exam (Latest
Update ) Questions and
Answers | Grade A | 100% Correct
Which economic indicator is most directly linked to the average person's cost of
living? - correct answer CPI
What is the main reason that investment banks create estimates of economic
indicators? - correct answer To know when specific economic data points are a
positive or negative surprise.
Which of the following is the biggest pitfall of economic indicators? - correct answer
They are not sufficiently timely to make informed investment decisions
Which of the following is an example of a successful peg? - correct answer Hong
Kong dollar against U.S. dollar in 1997
Which driver weakened the Swiss franc? - correct answer A surprise change in
inflation expectations.
What does the Big Mac index show? - correct answer How currencies may be
overvalued or undervalued.
Whic of the following are short-term drivers of currency valuation? - correct answer
Surprise changes in interest rates, inflation, and trade
Update ) Questions and
Answers | Grade A | 100% Correct
What is the formula for GDP? - correct answer C+I+G+(X-M)
In the US, why is there a strong relationship between unemployment and GDP? -
correct answer Consumer spending accounts for 2/3's of the US economy. When the
number of unemployed consumers rises, there is less consumer spending.
What typically happens to nonfarm payrolls, the PMI indicator, and the housing starts
at the onset of a recession in the Untied States? - correct answer Nonfarm payrolls go
DOWN, the PMI indicator goes DOWN, the housing starts goes DOWN
Which of the following qualities of economic indicators do investors prize the most? -
correct answer Timeliness of release
Why is the release of GDP statistics less interesting to investors than the release of
other economic indicators? - correct answer Becuase GDP stats are released well after
other economic indicators
Which of the following important U.S. economic indicators is only available on a
quarterly basis? - correct answer GDP
, Bloomberg Market Concepts Exam (Latest
Update ) Questions and
Answers | Grade A | 100% Correct
Which economic indicator is most directly linked to the average person's cost of
living? - correct answer CPI
What is the main reason that investment banks create estimates of economic
indicators? - correct answer To know when specific economic data points are a
positive or negative surprise.
Which of the following is the biggest pitfall of economic indicators? - correct answer
They are not sufficiently timely to make informed investment decisions
Which of the following is an example of a successful peg? - correct answer Hong
Kong dollar against U.S. dollar in 1997
Which driver weakened the Swiss franc? - correct answer A surprise change in
inflation expectations.
What does the Big Mac index show? - correct answer How currencies may be
overvalued or undervalued.
Whic of the following are short-term drivers of currency valuation? - correct answer
Surprise changes in interest rates, inflation, and trade
