Bloomberg Market Concepts Exam 2026 Practice
Questions with Verified Answer Explanations
Latest Update Graded A+
H0w accurately d0 GDP p0rtray the ec0n0my and why?
C0rrect Answer: Inaccurately because the sc0pe 0f GDP measurements can change.
C0nsider the f0rmula GDP = C+I+G+(X-M). A c0untry is underg0ing a b00m in
c0nsumpti0n 0f d0mestic and f0reign luxury g00ds. In 0ne year, the d0llar gr0wth in
imp0rts is greater than the d0llar gr0wth in d0mestic c0nsumpti0n. Assuming n0thing else
has changed, what happened t0 GDP?
C0rrect Answer: It went d0wn
what is the meaning 0f each letter in the GDP f0rmula, C+I+G+(X-M).
C0rrect Answer: C= C0nsumer spending
I = Investment (Gr0ss Fixed Capital F0rmati0n) G=
G0vernment Spending
X= Exp0rts
M= Imp0rts
, Here is the m0st imp0rtant ec0n0mic data f0r Australia and Sweden. which ec0n0my did
better year-0ver-year (Y0Y) in the f0urth quarter 0f 2013 c0mpared t0 the f0urth quarter
0f 2012? Use the tw0 charts t0 investigate.
C0rrect Answer: Sweden perf0rmed better
In the United States, why is there a str0ng c0rrelati0n between unempl0yment and GDP?
C0rrect Answer: C0nsumer spending acc0unts f0r tw0-thirds 0f the U.S. ec0n0my when
the number 0f unempl0yed c0nsumers rises, there is less c0nsumer spending.
Here is a chart sh0wing b0th n0minal GDP gr0wth and real GDP gr0wth f0r a c0untry.
Which 0f the f0ll0wing can be a true statement at the time the chart was captured?
C0rrect Answer: The c0untry has deflati0n. The b0tt0m line is n0minal gr0wth and the
t0p line is real gr0wth.
Which 0f the f0ll0wing lines is the best leading ec0n0mic indicat0r?
C0rrect Answer: PMI
What typically happens t0 n0nfarm payr0lls, the PMI indicat0r, and h0using starts at the 0nset
0f a recessi0n in the United States?
C0rrect Answer: N0nfarm payr0lls g0 d0wn, the PMI indicat0r g0es D0WN, the h0using
starts g0es d0wn.
Questions with Verified Answer Explanations
Latest Update Graded A+
H0w accurately d0 GDP p0rtray the ec0n0my and why?
C0rrect Answer: Inaccurately because the sc0pe 0f GDP measurements can change.
C0nsider the f0rmula GDP = C+I+G+(X-M). A c0untry is underg0ing a b00m in
c0nsumpti0n 0f d0mestic and f0reign luxury g00ds. In 0ne year, the d0llar gr0wth in
imp0rts is greater than the d0llar gr0wth in d0mestic c0nsumpti0n. Assuming n0thing else
has changed, what happened t0 GDP?
C0rrect Answer: It went d0wn
what is the meaning 0f each letter in the GDP f0rmula, C+I+G+(X-M).
C0rrect Answer: C= C0nsumer spending
I = Investment (Gr0ss Fixed Capital F0rmati0n) G=
G0vernment Spending
X= Exp0rts
M= Imp0rts
, Here is the m0st imp0rtant ec0n0mic data f0r Australia and Sweden. which ec0n0my did
better year-0ver-year (Y0Y) in the f0urth quarter 0f 2013 c0mpared t0 the f0urth quarter
0f 2012? Use the tw0 charts t0 investigate.
C0rrect Answer: Sweden perf0rmed better
In the United States, why is there a str0ng c0rrelati0n between unempl0yment and GDP?
C0rrect Answer: C0nsumer spending acc0unts f0r tw0-thirds 0f the U.S. ec0n0my when
the number 0f unempl0yed c0nsumers rises, there is less c0nsumer spending.
Here is a chart sh0wing b0th n0minal GDP gr0wth and real GDP gr0wth f0r a c0untry.
Which 0f the f0ll0wing can be a true statement at the time the chart was captured?
C0rrect Answer: The c0untry has deflati0n. The b0tt0m line is n0minal gr0wth and the
t0p line is real gr0wth.
Which 0f the f0ll0wing lines is the best leading ec0n0mic indicat0r?
C0rrect Answer: PMI
What typically happens t0 n0nfarm payr0lls, the PMI indicat0r, and h0using starts at the 0nset
0f a recessi0n in the United States?
C0rrect Answer: N0nfarm payr0lls g0 d0wn, the PMI indicat0r g0es D0WN, the h0using
starts g0es d0wn.
