Nominal gdp vs real gdp - Study guides, Class notes & Summaries
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2023 Bloomberg Market Concepts ( BMC ) Exam 3 Get A+ Guaranteed with New Qs & As!
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2023 Bloomberg Market Concepts ( BMC ) Exam 3 Get A+ Guaranteed with New Qs & As! 
 
1. gross domestic product (GDP) 
Answer: market value of all final goods and servicesproduced within a country 
GDP = C + I + G + (X-M) 
C= personal consumptionI = private investment 
G = government spendingX = exports 
M = imports 
(C = 2/3 of US GDP) 
provides backdrop for investing bc is a measure of all economic activity 
"actual GDP growth has entirely lost its capacity to surprise... leading indicators......
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Econ 104 Quiz 2 Penn State || with 100% Verified Solutions.
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federal expenditures correct answers $4008 billion (21%) GDP 
 
federal taxes correct answers $3315 billion (17.3% GDP) 
 
deficit correct answers $693 billion (3.7% GDP) 
 
federal debt correct answers 14.6 trillion (77% GDP) 
 
interest payments on the federal debt correct answers $269 billion (1.4% of GDP) 
 
federal funds rate correct answers 1.25% 
 
nominal GDP correct answers $19.2 tillion 
 
real GDP correct answers 17 tillion 
 
economic growth over the last 12 months correct answers 2....
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UGBA 101b EXAM 1 REVIEW 2023/2024 verified to pass
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UGBA 101b EXAM 1 REVIEWEndogenous variables - correct answer variables that a model tries to explain 
 
Exogenous variables - correct answer autonomous factors that come from outside a theoretical model or system and that cannot be explained by the system 
 
GDP - correct answer Y = C + I + G + NX 
 
G includes - correct answer spending on goods and services: for example - purchases of trains/installation of subway rail. 
 
G excludes - correct answer transfer payments (unemployment) bc they do ...
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Bloomberg Market Concepts Test with Questions and Answers
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Bloomberg Market Concepts Test with Questions and Answers 
 
gross domestic product (GDP) ANSWER market value of all final goods and services produced within a country 
 
GDP = C + I + G + (X-M) 
C= personal consumption 
I = private investment 
G = government spending 
X = exports 
M = imports 
(C = 2/3 of US GDP) 
 
provides backdrop for investing bc is a measure of all economic activity 
 
"actual GDP growth has entirely lost its capacity to surprise... leading indicators... PMI garners di...
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REVISED ECONOMIC 1002 EXAM QUESTIONS AND ANSWERS
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REVISED ECONOMIC 1002 EXAM QUESTIONS AND ANSWERS 
What are the broad issues that macroeconomists study and the types of data they use and interpret? - CORRECT ANSWER -Macroeconomists study the performance of the national economy as well as the policies used to improve that performance as well as the aggregate impact of individual decisions. They study changes in economic output (GDP), inflation (CPI), interest and foreign exchange rates, and the balance of payments. Poverty reduction, social e...
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REVISED ECONOMIC 1002 EXAM QUESTIONS AND ANSWERS
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REVISED ECONOMIC 1002 EXAM QUESTIONS AND ANSWERS 
What are the broad issues that macroeconomists study and the types of data they use and interpret? - CORRECT ANSWER -Macroeconomists study the performance of the national economy as well as the policies used to improve that performance as well as the aggregate impact of individual decisions. They study changes in economic output (GDP), inflation (CPI), interest and foreign exchange rates, and the balance of payments. Poverty reduction, social e...
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Bloomberg Market Concepts Questions With 100% Correct Answers | Verified | Updated 2024
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Bloomberg Market Concepts Questions With 100% Correct Answers | Verified | Updated 2024
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REVISED ECONOMIC 1002 EXAM QUESTIONS AND ANSWERS
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REVISED ECONOMIC 1002 EXAM QUESTIONS AND ANSWERS 
What are the broad issues that macroeconomists study and the types of data they use and interpret? - CORRECT ANSWER -Macroeconomists study the performance of the national economy as well as the policies used to improve that performance as well as the aggregate impact of individual decisions. They study changes in economic output (GDP), inflation (CPI), interest and foreign exchange rates, and the balance of payments. Poverty reduction, social e...
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Exam #1 Review Questions (answers) ECNS 303
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Exam #1 Review 
Questions 
(answers) ECNS 
303 
1.) Exogenous vs. Endogenous variables 
Consider a potential criminal. The individual maximizes his or her utility by choosing how 
much labor to supply towards legitimate work opportunities (Lw) and how much labor to supply 
towards crime (Lc). In doing so, this person can earn a wage w in the legal labor market and a 
return to crime n in the illegal labor market. In the illegal labor market, the potential criminal 
faces costs of punishment...
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SIE Exam Latest Updated Graded A
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What type of risk is unique to a specific industry, business enterprise, or investment type? - ANSWER-Nonsystematic risk 
 
Under which of the following circumstances is an investor in a position to acquire stock? - ANSWER-Buy a call, sell a call (The holder of a call has the right to buy stock at the strike price if exercised. The seller of a put is obligated to buy stock at the strike price if exercised) 
 
Options- a premium - ANSWER-the cost of an option contract, expressed in dollars per sh...
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