BMC ANSWERS - All section quizzes with correct answers

BMC ANSWERS - All section quizzes with correct answers

Quiz section 1

1. Here is 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?

2. Which of the following lines is the best leading economic factor?

3. 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 and identify the conutry with the highest misery index

4. What typically happens to nonfarm payrolls, the PMI indicator, and housing starts at the onset of a recession in the United States?

Quiz section 2

1. Which of the following qualities of economic indicators do investors prize the most?

2. Why is the release of GDP statistics less interesting to investors than the release of other economic indicators?

3. Which of the following important U.S economic indicators is only available on a quarterly basis?

4. Which economic indicator is most directly linked to unemployment?