2023 Bloomberg Markets Concepts ( BMC ) Test Bank 100% Correct Answers Guaranteed in TB with All-New Q&A - A+!

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1. Which driver weakened the Swiss franc? : a) A surprise change in netexport expectations b)A surprise change in interest rates expectations c)A surprise change in inflation expectations d)A surp... rise change in valuation expectations Answer: C 2. How accurately do GDP portray the economy and why? Answer: Inaccurately be-cause the scope of GDP measurements can change. 3. 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 4. Here is the most important economic data for Australia and Sweden. which economy did better year-over-year (YOY) in the fourth quarter of 2013compared to the fourth quarter of 2012? Use the two charts to investigate.- Answer: Sweden performed better 5. In the United States, why is there a strong correlation between unemployment and GDP? Answer: Consumer spending accounts for two-thirds of the U.S. economy when the number of unemployed consumers rises, there is less consumer spending. 6. 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? Answer: The country has deflation.The bottom line is nominal growth andthe top line is real growth [Show More]

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