What was the initial impact of COVID-19 on small business spending?
How Covid-19 Is Changing Consumer Spending Habits

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gradual increase in spending
No change in spending
Significant decrease in spending
Significant increase in spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector saw significant growth during the pandemic?
Private transportation
Public transportation
On-site technical services
Clothing and apparel
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant challenge for consumers as fiscal stimulus ends?
Uncertainty in spending
Stable spending
Decreased savings
Increased spending
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major trend in payment methods among small businesses post-COVID?
Increased use of cash
Increased use of checks
Growth in contactless payments
Decline in digital payments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common consumer behavior change regarding payments during the pandemic?
Preference for in-person payments
Preference for cash payments
Preference for contactless payments
Preference for checks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have small businesses adapted to the challenges posed by the pandemic?
By closing down
By reducing their services
By modernizing and adapting their business models
By increasing prices
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the effect of increased competition in the payment space on small businesses?
Worse margins
Increased costs
No effect on margins
Better margins
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