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BMC Exam 2023/2024 Questions and Answers. 1. Which driver weakened the Swiss franc? (C): a) A surprise change in net export expectations b) A surprise change in interest rates expectations c) A surprise change in inflation expectations d) A surprise change in valuation expectations 2. How accurately do GDP portray the economy and why?: Inaccurately because the scope of GDP measurements can change. 3. Consider the formula GDP = C+I+G+(X-M). A country is undergoing a boom in consumption of...
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BMC Exam 2023/2024 Questions and Answers. 1. Which driver weakened the Swiss franc? (C): a) A surprise change in net export expectations b) A surprise change in interest rates expectations c) A surprise change in inflation expectations d) A surprise change in valuation expectations 2. How accurately do GDP portray the economy and why?: Inaccurately because the scope of GDP measurements can change. 3. Consider the formula GDP = C+I+G+(X-M). A country is undergoing a boom in consumption of...