A Lot of Economic Momentum for 2021: Michelle Meyer
Interactive Video
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Business, Social Studies
•
University
•
Hard
Wayground Content
FREE Resource
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reported headline growth in GDP, and what drove this growth?
5% driven by government spending
4% driven by exports
7% driven by foreign investments
6% driven by domestic demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges currently facing the supply side of the economy?
High interest rates
Lack of consumer demand
Excessive government regulations
Bottlenecks in the semiconductor sector
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor contributing to the supply chain issues mentioned in the transcript?
Rise in oil prices
Suez Canal incident
Increased labor force
Decrease in global demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary challenge in the housing market according to the transcript?
Government intervention
High interest rates
Lack of supply
Decreasing demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are builders responding to the current housing market conditions?
Increasing building permits
Halting new projects
Focusing on commercial real estate
Reducing construction
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for home price appreciation by the end of the year?
Increase to 15% year over year
Remain at 12% year over year
Decrease to single-digit appreciation
Drop to negative growth
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant factor affecting affordability in the housing market?
Low interest rates
High unemployment rates
Rising inflation
Decreasing wages
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