U.S. Economy Grew 3.5% in Third Quarter

U.S. Economy Grew 3.5% in Third Quarter

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses key economic updates as of October 31st. The US economy showed significant growth in Q3 with a 3.5% annualized rate, following a strong Q2. Japan's inflation rose by 3% in September, aligning with expectations, but only 1% when excluding the sales tax impact. Argentina, unable to access foreign credit markets for over a decade, received $814 million from a currency swap deal with China.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the annualized growth rate of the US economy in the third quarter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the inflation rate in Japan change in September?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the impact of the sales tax increase on Japan's inflation measure?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How much was the currency swap agreement between Argentina and the PBOC worth?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What financial assistance did Argentina receive from China?

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