What’s Behind the Positive Outlook of Consumers?

What’s Behind the Positive Outlook of Consumers?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses consumer confidence and economic outlook for 2017, highlighting the importance of job and wage growth. It addresses economic uncertainty, particularly in wage growth, and analyzes holiday sales and retail performance. The discussion extends to retail margins and pricing power, emphasizing consumer value. Finally, it examines inflation expectations and consumer understanding, considering the impact of interest rates and stock market trends.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary factor that the positive consumer outlook for 2017 is based on?

Higher stock market returns

Lower interest rates

Job and wage growth

Increased government spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is there uncertainty about the economic plans mentioned in the transcript?

Lack of government support

No guarantees that expected plans will happen

Decreasing consumer spending

High inflation rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected growth in Harley sales for the holiday season?

4.0%

2.5%

3.0%

3.6%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the timing of Christmas and Hanukkah affect consumer behavior?

It led to early shopping

It caused a decline in sales

It had no impact

It allowed more last-minute shopping

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the trend in retail prices over the last couple of years?

Prices have been falling

Prices have been fluctuating

Prices have been increasing

Prices have remained stable

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sector has most of the inflation been occurring in, according to the transcript?

Services sector

Agricultural sector

Goods sector

Technology sector

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current consumer perception of inflation, as discussed in the transcript?

Consumers think inflation is stable

Consumers are highly aware of inflation

Consumers are not yet aware of potential inflation

Consumers believe inflation is decreasing