Navigating Financial Challenges Amid Economic Growth

What was the growth rate of the economy in the fourth quarter?

• 2.5%

• 3.7%

• 4.1%

• 3.3%

Which factor is making some Americans struggle financially?

• Lack of retirement savings

• Strong stock market

• High unemployment rate

• Low consumer confidence

What is a major concern for many Americans?

• Stock market volatility

• Cryptocurrency investments

• Retirement savings

• Overseas travel costs

What percentage of income do more than 12 million Americans spend on rent?

• More than 40%

• More than 60%

• More than 50%

• More than 30%

Why are more people using credit cards for everyday expenses?

• To earn rewards

• Due to high living costs

• For online shopping

• To build credit score

What are people using credit cards to pay for?

• Groceries

• Vacations

• Luxury items

• Electronics

What has been the trend in food prices?

• Decreased by 25%

• Increased by 25%

• Increased by 10%

• Stayed the same

What is the current unemployment rate?

• 4.5%

• 3.7%

• 5.2%

• 2.9%

How have wages compared to inflation recently?

• Wages have decreased

• Wages have outpaced inflation

• Wages have stayed the same

• Wages have not kept up with inflation

What is a sign of economic optimism mentioned?

• Growth in technology sector

• Low unemployment rate

• Rise in luxury car sales

• Increased online shopping