Economics

BLOOMBERG MARKET CERTIFICATE REVIEW QUESTIONS AND ANSWERS ( A GUARANTEED) BLOOMBERG MARKET CERTIFICATE REVIEW QUESTIONS AND ANSWERS What does the Big Mac index show? a) How the law of one price is true of consumer products b) How currencies may be overvalued or undervalued c) How interest rates and inflation affect trade d) How The Economist magazine estimates inflation Which of these headlines could move a currency pair a) U.S. Stocks Rally on Fed’s Surprise Reduction of Interest Rate...

Bloomberg Market Concepts Economic Indicators (A GUARANTEED) Bloomberg Market Concepts Economic Indicators The Primacy of GDP ● Main measure of economic activity ● World GDP: 8% compounded annual growth over 50 years ● How accurately do GDP statistics portray the economy? ○ Inaccurately because the scope of GDP measurements can change ● Economic growth is cyclical, with series of booms and busts ● Investors interpret economy through economic indicators ● Leading indi...