What has primarily driven the recent surge in consumer spending?
Gross: U.S Basically in Recession Minus Consumer Spending

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Business, Social Studies, Biology
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Higher employment rates
Government stimulus packages
Increase in disposable income
Reduction in the savings rate
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the drop in oil prices affect consumer behavior according to Jim Glassman?
It caused a decrease in consumer spending
It resulted in consumers spending their savings
It led to increased savings
It had no significant impact
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern about the economy when consumer spending is removed?
It appears to be in a recession
It shows a strong investment sector
It reveals a robust manufacturing industry
It indicates high government spending
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Bill Gross identify as a significant issue in the economy?
Over-reliance on government aid
Excessive consumer spending
Lack of investment spending
High disposable income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What structural issue is mentioned as a reason for lagging investment?
High consumer debt
Government regulations
Global trade tensions
Structural economic factors
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