Bloomberg BMC 2025/2026 Exam
Questions with 100% Correct Answers |
Latest Update
How accurately do GDP portray the economy and why? - 🧠 ANSWER
✔✔Inaccurately because the scope of GDP measurements can change.
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
what is the meaning of each letter in the GDP formula, C+I+G+(X-M). - 🧠
ANSWER ✔✔C= Consumer spending
I = Investment (Gross Fixed Capital Formation)
, G= Government Spending
X= Exports
M= Imports
Here is the most important economic data for Australia and Sweden. which
economy did better year-over-year (YOY) in the fourth quarter of 2013
compared to the fourth quarter of 2012? Use the two charts to investigate. -
🧠 ANSWER ✔✔Sweden performed better
In the United States, why is there a strong correlation between
unemployment and GDP? - 🧠 ANSWER ✔✔Consumer spending accounts
for two-thirds of the U.S. economy when the number of unemployed
consumers rises, there is less consumer spending.
Here is a chart showing both nominal GDP growth and real GDP growth for
a country. Which of the following can be a true statement at the time the
chart was captured? - 🧠 ANSWER ✔✔The country has deflation. The
bottom line is nominal growth and the top line is real growth.
Which of the following lines is the best leading economic indicator? - 🧠
ANSWER ✔✔PMI
Questions with 100% Correct Answers |
Latest Update
How accurately do GDP portray the economy and why? - 🧠 ANSWER
✔✔Inaccurately because the scope of GDP measurements can change.
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
what is the meaning of each letter in the GDP formula, C+I+G+(X-M). - 🧠
ANSWER ✔✔C= Consumer spending
I = Investment (Gross Fixed Capital Formation)
, G= Government Spending
X= Exports
M= Imports
Here is the most important economic data for Australia and Sweden. which
economy did better year-over-year (YOY) in the fourth quarter of 2013
compared to the fourth quarter of 2012? Use the two charts to investigate. -
🧠 ANSWER ✔✔Sweden performed better
In the United States, why is there a strong correlation between
unemployment and GDP? - 🧠 ANSWER ✔✔Consumer spending accounts
for two-thirds of the U.S. economy when the number of unemployed
consumers rises, there is less consumer spending.
Here is a chart showing both nominal GDP growth and real GDP growth for
a country. Which of the following can be a true statement at the time the
chart was captured? - 🧠 ANSWER ✔✔The country has deflation. The
bottom line is nominal growth and the top line is real growth.
Which of the following lines is the best leading economic indicator? - 🧠
ANSWER ✔✔PMI
