US Retail Sales Rise Despite Inflationary Pressure

US Retail Sales Rise Despite Inflationary Pressure

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main goal of President Biden and Secretary Walsh's efforts mentioned in the first section?

To increase consumer spending

To prevent further supply chain disruptions

To reduce labor costs

To promote international trade

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the pandemic initially affect retail inventory levels?

Retailers had excess inventory

Consumers stopped buying goods

Inventory levels remained unchanged

Retailers struggled to stock popular items

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current inventory level relative to sales, as discussed in the second section?

$1.20 in inventory for every dollar of sales

$1.45 in inventory for every dollar of sales

$2.00 in inventory for every dollar of sales

$0.90 in inventory for every dollar of sales

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the challenges retailers face for the upcoming holiday season?

Lack of consumer interest

Excessive inventory levels

Supply chain and labor issues

Decreased online shopping

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are retailers planning to attract consumers during the holiday season?

By reducing store hours

By increasing product prices

By offering more promotions

By limiting product availability