Bloomberg Economic Indicators test, solved
100%; distinction solution guide. Questions and
answers. Rated A+
How accurately do GDP statistics portray the economy and why? - Ans-Inaccurately because the
scope of GDP m
...
Bloomberg Economic Indicators test, solved
100%; distinction solution guide. Questions and
answers. Rated A+
How accurately do GDP statistics portray the economy and why? - Ans-Inaccurately because the
scope of GDP measurements can change
Consider the formula GDP=C+I+G+(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 changed, what happened to
GDP> - Ans-It went down
Here is the most important economic data for Australia and Sweden. Which economy did better
year-over-year (YOY) ion the 4th quarter of 3012 compared to the 4th quarter in 2012? Use
charts - Ans-Sweden
In the US, whys is there a strong correlation between unemployment and GDP? - Ans-Consumer
spending accounts for 2/3 of the US economy. When the number of unemployment rises, there is
less consumer spending.Here is a chart showing both nominal and real GDP growth for a country. Which of the
following can be a true statement? - Ans-The country has deflation. The bottom line is nominal
growth and the top line is real growth.
The white line denotes GDP growth. Which of the following lines is the best leading economic
indicator? - Ans-Green line
The misery index is often cited in the media as a way to measure consumer pain, It is defined as
the inflation rate plus the unemployment rate. Review the char and identify the country with the
highest misery index - Ans-Italy
What type of indicators are unemployment and business confidence? - Ans-Unemployment is
coincident and business conflict is leading
Which of the following qualities of economic indicators do invests prize most? - Ans-Timeliness
of release
Why is the release of GDP statistics less interesting to investors than other indicators? - AnsBecause GDP statistics are released well after other economic indicatorsWhich of the following important US economic indicators is only available on a quarterly basis?
- Ans-GDP
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