Xiaomi Is the #3 Smartphone Maker

Xiaomi Is the #3 Smartphone Maker

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The US economy grew by 3.5% in the third quarter, marking the strongest six months in over a decade. Jobless claims hit a 14-year low, supporting the Federal Reserve's decision to end its bond-buying program, though interest rates will remain low. Consumer spending boosted Mastercard and Visa profits, with shares rising significantly. Bayer raised its revenue forecasts due to new medicines and potential global sales growth. Xiaomi became the world's third-largest smartphone maker, surpassing Apple and Samsung in China.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the GDP 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

Why did the Federal Reserve decide to end its bond-buying program?

To increase interest rates

To reduce government debt

Due to a decrease in inflation

Because of a robust labor market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company reported an 8% rise in shares due to consumer spending?

Mastercard

Discover

Visa

American Express

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor is helping Bayer's global sales?

High oil prices

Weak euro

Strong US dollar

Low interest rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company has become the world's third-largest smartphone maker?

Apple

Samsung

Xiaomi

Huawei

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