U.S. Economy Grew 3.5% in Third Quarter

U.S. Economy Grew 3.5% in Third Quarter

Assessment

Interactive Video

Business

University

Hard

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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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