Truth Be Told fact check: Are grocery stores engaged in price gouging?

Truth Be Told fact check: Are grocery stores engaged in price gouging?

Assessment

Interactive Video

Business

University

Hard

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The video is part of the 'Truth Be Told' series, which fact-checks claims from presidential candidates. It examines Kamala Harris's assertion that grocery stores are making high profits without passing savings to consumers. While grocery profits are at a two-decade high, experts and reports suggest costs are also rising, and there's no clear evidence of price gouging. The video concludes with a mixed verdict on Harris's claim and previews a future topic on Donald Trump's statements about abortion.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of the 'Truth Be Told' series?

Discussing international relations

Analyzing economic policies

Investigating claims made by presidential candidates

Reviewing historical events

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Kamala Harris, what are grocery store chains accused of?

Lowering prices for consumers

Making large profits without passing savings to consumers

Reducing their workforce

Improving supply chain efficiency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the Federal Trade Commission report suggest about firms?

They are reducing prices to help consumers

They are using rising costs to justify price hikes

They are investing in new technologies

They are expanding their market reach

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Jason Miller from Michigan State University say about price gouging?

He thinks prices are lower than ever

He has found significant evidence of price gouging

He believes grocery stores are extremely profitable

He has not seen evidence of price gouging

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final verdict on Kamala Harris's claim about grocery store profits?

The claim is completely false

The claim is completely true

The claim is mixed with some truth and some uncertainty

The claim is irrelevant