BLOOMBERG MARKET
CONCEPTS STUDY EXAM /
QUESTIONS AND CORRECT
ANSWERS 2023/2024 GRADED A+.
2 / 5
1. Inaccurately because the scope of GDP measurements can change.: Howaccurately do GDP
portray the economy and why?
2. It went down: Consider the formula GDP = C+I+G+(X-M). A country is undergo-i...
BLOOMBERG MARKET
CONCEPTS STUDY EXAM /
QUESTIONS AND CORRECT
ANSWERS 2023/2024 GRADED A+.
1/5
, 1. Inaccurately because the scope of GDP measurements can change.: Howaccurately do GDP
portray the economy and why?
2. It went down: Consider the formula GDP = C+I+G+(X-M). A country is undergo-ing 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?
3. C= Consumer spending
I = Investment (Gross Fixed Capital Formation)G=
Government Spending
X= Exports
M= Imports: what is the meaning of each letter in the GDP formula, C+I+G+(X-M).
4. Sweden performed better: Here is the most important economic data for Aus-tralia 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.
5. Consumer spending accounts for two-thirds of the U.S. economy when thenumber of
unemployed consumers rises, there is less consumer spending.: Inthe United States, why is there a
strong correlation between unemployment and GDP?
6. The country has deflation. The bottom line is nominal growth and the top line is real growth.:
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 timethe chart was captured?
7. PMI: Which of the following lines is the best leading economic indicator?
8. Nonfarm payrolls go down, the PMI indicator goes DOWN, the housing startsgoes down.: What
typically happens to nonfarm payrolls, the PMI indicator, and housing starts at the onset of a recession
in the United States?
9. Timeliness of release: Which of the following qualities of economic indicators doinvestors prize the
most?
10. Because GDP statistics are released well after other economic indicators.-
: Why is the release of GDP statistics less interesting to investors than the releaseof other economic
indicators?
2/5
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
