Three Must-See Charts About the U.S. GDP Report

Three Must-See Charts About the U.S. GDP Report

Assessment

Interactive Video

Business

University

Hard

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The video discusses the US GDP growth, highlighting a disappointing 1.2% increase, and examines wage growth through the employment cost index. It explores consumer spending's role in supporting the economy, despite weak business investment, partly due to oil's impact. The University of Michigan survey reveals consumer confidence amid market volatility. The BOJ's decision to relax dollar funding constraints for Japanese banks is analyzed, considering its effects on Libor and financial conditions.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the employment cost index used to measure?

Overall economic growth

Business investment levels

Wage growth for specific jobs

Consumer spending trends

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did personal consumption contribute to the US GDP in the second quarter?

It increased by 4.2%

It had no impact

It remained stable

It decreased significantly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor was mentioned as dragging down business investment?

Increased wage growth

Oil prices

High consumer spending

Rising interest rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the University of Michigan survey indicate about consumer confidence?

It indicates strong consumer confidence despite market volatility

It shows a decline in consumer spending

It highlights an increase in business investment

It suggests a decrease in wage growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the Bank of Japan's action that affected Japanese bank stocks?

Increased interest rates

Relaxed dollar funding constraints

Decreased consumer spending

Introduced new banking regulations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is driving the increase in Libor rates?

Money market reforms

Business investment

Consumer spending

Wage growth

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which banks are most dependent on US money markets?

European banks

American banks

Japanese banks

Chinese banks