Bloomberg Answers Economic Indicators (MB101)
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MB 101_Bloomberg Answers - Economic Indicators | MB101_Bloomberg Answers | Economic Indicators
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Bloomberg Answers 
Economic Indicators 
The Primacy of GDP (30 min.) 
Knowledge Check 1 
How accurately do GDP statistics portray the economy and why? 
 Inaccurately because the scope of GDP measurements can change. 
Knowledge Check 2 
Consider the formula GDP = C + I + (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 change...
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