MBA 101 Bloomberg Answers Economic Indicators
Document Content and Description Below
Bloomberg Answers Economic Indicators All Correct Answers 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 changed, what happened to GDP? • It went down. Knowledge Check 3 Here is the most important economic data for Australia 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. • Sweden performed better. Knowledge Check 4 In the US, why is there a strong correlation between unemployment and GDP? • Consumer spending accounts for two-thirds of the U.S. economy. When the number of unemployed consumers rises, there is less consumer spending. SECTION QUIZ [Show More]
Last updated: 1 year ago
Preview 3 out of 13 pages
Loading document previews ...
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$8.00
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
May 27, 2021
Number of pages
13
Written in
All
Additional information
This document has been written for:
Uploaded
May 27, 2021
Downloads
0
Views
159
