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-ing a bo...
BLOOMBERG MARKET CONCEPTS STUDY EXAM /
QUESTIONS AND CORRECT ANSWERS 2023/2024
GRADED A+
, BLOOMBERG MARKET CONCEPTS STUDY EXAM / QUESTIONS
AND CORRECT ANSWERS 2023/2024 GRADED A+
1. Inaccurately because the scope of GDP measurements can change.:
How accurately 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
1/5
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