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U.S. Economy Grew 3.5% in Third Quarter

U.S. Economy Grew 3.5% in Third Quarter

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses key economic updates as of October 31st. The US economy showed significant growth in Q3 with a 3.5% annualized rate, following a strong Q2. Japan's inflation rose by 3% in September, aligning with expectations, but only 1% when excluding the sales tax impact. Argentina, unable to access foreign credit markets for over a decade, received $814 million from a currency swap deal with China.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the annualized growth rate of the US economy in the third quarter?

5.5%

4.5%

3.5%

2.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Japan's inflation rise in September?

3%

5%

2%

4%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the inflation rate in Japan excluding energy costs?

3.3%

2.3%

4.3%

1.3%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long has Argentina been locked out of foreign credit markets?

5 years

10 years

15 years

20 years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the amount Argentina received from China in the currency swap agreement?

$514 million

$914 million

$814 million

$714 million

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