Bloomberg Market Certificate Review Questions And Answers (100% Correct)

BLOOMBERG MARKET CERTIFICATE REVIEW QUESTIONSWhat does the Big Mac index show?a) How the law of one price is true of consumer productsb) How currencies may be overvalued or undervaluedc) How interest rates and inflation affect traded) How The Economist magazine estimates inflationWhich of these headlines could move a currency paira) U.S. Stocks Rally on Feds Surprise Reduction of Interest Rateb) Railroad Rate Hikes Drive Dichotomy of Necessaryc) Hong Kong Firmly Committed to Dollar Peg, John Tsang Saysd) Grade Inflation: Devaluing B-Schools CurrencyWhat is the most common target inflation rate for an advanced economy?a) 1%b) 2%c) 3%d) 0%What was the primary goal of Abenomics?a) To reduce inflation by increasing unemploymentb) To reign in GDP by reducing business confidencec) To halt the vicious cycle of deflationd) To strengthen the yen to foster consumption of luxury goodsWere the two oil crises in the 1970s linked to deflation or inflation?a) Deflationb) Inflationc) Bothd) NeitherOn June 23, 2016, the UK voted to leave the European Union. The white line shows the UKs main equity index, the FTSE 100, from the start of 2016 to the date on which the UKgovernment notified the European Union of its intent to buy one pound sterling. The Uk is