Bloomberg Economic Indicators Exam Questions and
Answers 2024/25
How accurately do GDP statistics portray the economy and why? - ANSWER
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> - ANSWER 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 - ANSWER Sweden
In the US, whys is there a strong correlation between unemployment and GDP? -
ANSWER 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? - ANSWER 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? - ANSWER 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 - ANSWER Italy
What type of indicators are unemployment and business confidence? - ANSWER
Unemployment is coincident and business conflict is leading
Which of the following qualities of economic indicators do invests prize most? -
ANSWER Timeliness of release
