What was the actual annualized GDP fall percentage compared to the forecasted drop?
U.S. Second-Quarter GDP Posts Biggest Drop on Record

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
32.9% actual vs. 34.5% forecasted
30.5% actual vs. 34.5% forecasted
34.5% actual vs. 32.9% forecasted
32.9% actual vs. 30.5% forecasted
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which years previously recorded the worst GDP quarters before this current drop?
2001 and 1990
1999 and 1975
2008 and 1949
2010 and 1980
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By how much did personal consumption and consumer spending decrease?
30.5%
28.7%
34.6%
32.9%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the GDP price index and Core PCE numbers?
They indicate a rise in inflation.
They show a decrease in economic activity.
They predict future GDP growth.
They are not significant for the Federal Reserve.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What upcoming data is expected to provide more insight into inflation?
Income and spending numbers for June
Unemployment rates
Stock market trends
Housing market data
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