Economist O'Sullivan Sees Gains in Hard U.S. Eco Data

Economist O'Sullivan Sees Gains in Hard U.S. Eco Data

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses economic trends, focusing on nonfarm payroll estimates and the differences between soft and hard economic data. It highlights the potential for upward revisions in economic figures and the strong performance of survey numbers compared to GDP growth. The conversation also touches on the impact of external factors like hurricanes and the overall acceleration in economic indicators.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated nonfarm payrolls figure mentioned in the discussion?

215 thousand

175 thousand

195 thousand

140 thousand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of economic data has been performing stronger over the past year?

Neither has been strong

Hard economic data

Soft economic data

Both have been equal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of soft economic data mentioned in the video?

GDP numbers

Payrolls

Unemployment claims

Consumer confidence

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What growth rate do the survey numbers suggest according to the discussion?

4% GDP growth

5% GDP growth

2% GDP growth

3% GDP growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have the GDP numbers changed according to the final section?

They have decreased significantly

They have remained the same

They have picked up slightly

They have doubled