Encore: Oil Prices, Retail Sales & Fed's Beige Book

Encore: Oil Prices, Retail Sales & Fed's Beige Book

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Interactive Video

Business

University

Hard

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The transcript discusses various economic topics, including Russia's economic resilience due to the strong US dollar and oil prices, the importance of digital influence on consumer purchases, trends in vehicle sales, and the impact of wage growth and employment trends on the US economy. It highlights the significance of digital presence in consumer behavior and the potential for wage growth due to low unemployment rates.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to Russia's economic resilience compared to Venezuela?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the average age of vehicles in the fleet changed historically?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the Beige Book indicate about wage growth in the US?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the quit rate and unemployment rate in understanding consumer confidence?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of consumer spending gains in 2014 was driven by new job creation?

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