Where U.S. Consumers Are Putting Their Money

Where U.S. Consumers Are Putting Their Money

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the US economic outlook, emphasizing the role of consumer spending in preventing a recession. Despite a slowdown in GDP growth, consumer demand for autos and housing remains strong. Wage growth is contributing to increased consumer spending. Experts predict no imminent recession, highlighting domestic spending as a key economic driver. The housing market is less of a focus during the low season, with more attention on consumer-related metrics.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main factor that kept the US economy from stalling in the fourth quarter?

Consumer spending

Business investments

Government spending

Export growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does a slight increase in wages affect consumer spending?

It leads to inflation

It boosts household income growth

It decreases consumer confidence

It has no significant impact

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the economic expert, when is the next recession expected?

Within the next 6 months

In the next 12 to 18 months

Already happening

Not imminent, several years off

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current primary driver of the US economy?

Foreign investments

Domestic spending

Government policies

Export growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why should housing data be viewed with caution during mid-winter?

Housing data is always unreliable

It's the low season for the sector

Financial markets are stable

It's the peak season for home buying