Economic Indicators (MB101)
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MB 101_Bloomberg Answers - Economic Indicators | MB101_Bloomberg Answers - Economic Indicators
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---13February 20212020/2021A+
- MB 101_Bloomberg Answers - Economic Indicators 
Bloomberg Answers 
Economic Indicators 
The Primacy of GDP (30 min.) 
Knowledge Check 1 
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 consumption of 
domestic and foreign luxury goods. In one year, the dollar growth in imports is greater than the 
dollar growth in domest...
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