BMC (Bloomberg) Questions with Correct
Answers_Updated and Latest 2023/2024
Which driver weakened the Swiss franc? (C) ✅✅ - a) A surprise change in net export
expectations
b)A surprise change in interest rates expectations
c)A surprise change in inflation expectations
d)A surprise change in valuation expectations
How accurately do GDP portray the economy and why? ✅✅ - 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? ✅✅ - It went down
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
In the United States, 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.
Here is a chart showing both nominal GDP growth and real GDP growth for a country. Which of
the following can be a true statement at the time the chart was captured? ✅✅ - The country
has deflation. The bottom line is nominal growth and the top line is real growth.
Which of the following lines is the best leading economic indicator? ✅✅ - PMI
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..... ✅✅ - Argentina
What typically happens to nonfarm payrolls, the PMI indicator, and housing starts at the onset of
a recession in the United States? ✅✅ - Nonfarm payrolls go down, the PMI indicator goes
DOWN, the housing starts goes down.
, Which of the following qualities of economic indicators do investors prize the most? ✅✅ -
Timeliness of release
Why is the release of GDP statistics less interesting to investors than the release of other
economic indicators? ✅✅ - Because GDP statistics are released well after other economic
indicators.
Which of the following important U.S. economic indicators is only available on a quarterly basis?
✅✅ - GDP
Which economic indicator is most directly linked to unemployment? ✅✅ - nonfarm payrolls
Here is the economic calendar for the UK for august 2013. Examine indicators like PMI,...... ✅✅
- Above expectations
This chart was captured in mid-2014. At that point in time, which of the following terms..... ✅✅
- Deceleration
How have economic forecasts for this county evolved? ✅✅ - Minimal Change
These charts show data for four countries as of early 2016. For each country, the purple line....
✅✅ - Russia
What is the main reason that investment banks create estimates of economic indicators? ✅✅
- To know when specific economic data points are a positive or negative surprise.
Which of the following is the biggest pitfall of economic indicators? ✅✅ - They do not
consistently presage turning points.
Here is a chart displaying estimates of the initial jobless claims indicator, one of the main
unemployment.... ✅✅ - 260
Which country is the fourth biggest importer and exporter? ✅✅ - Japan
In 1994, the Mexican peso declined against the US dollar during so-called "Tequila Crisis.".... ✅✅
- Both countries had large dollar-denominated debts
Using the chart given, how many NZD can you buy with 100 AUD? ✅✅ - 107.89
Allison lives in America and has just retired. It is early 2016..... ✅✅ - Norway
Review the currency pair charts for the Barbadian dollar agains the Jamaican dollar...... ✅✅ -
Hong Kong dollar against the Macanese pataca
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper GeekBano. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €10,80. Je zit daarna nergens aan vast.