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Exam (elaborations)
Bloomberg Answers NEW
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---9May 20212020/2021A+
- Bloomberg Answers 
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The Primacy of GDP 
Knowledge Check 1 
 Inaccurately because the scope of GDP measurements can change. 
Knowledge Check 2 
 It went down. 
Knowledge Check 3 
 Sweden performed beter. 
Knowledge Check 4 
 Consumer spending accounts for two-thirds of the U.S. economy. When the number of 
unemployed consumers rises, there is less consumer spending. 
SECTION QUIZ 
1. Here is a chart showing both nominal GDP growth and real GDP growth for a country. 
Which o...
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