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U.S. Consumer Carries the World Economy, Says Baird's Antonelli

U.S. Consumer Carries the World Economy, Says Baird's Antonelli

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses whether recent economic improvements are due to fundamental growth or relief from pain, such as US-China trade tensions and Brexit. It highlights the 'muddle through' theory, suggesting the US economy maintains stability with low unemployment and moderate growth. The US consumer plays a crucial role, supporting the economy with confidence in jobs and wages. The tech sector's dominance and structural advantages have benefited the US, and these trends are expected to continue into the next decade.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the first section regarding economic growth?

The influence of global markets

Whether growth is fundamental or relief from pain

The role of government policies

The impact of technology on growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the 'muddle through' theory suggest about the US economy?

It will experience rapid growth

It will face a severe recession

It will depend heavily on foreign investments

It will maintain moderate growth and low unemployment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the second section, what has been sufficient for the stock market?

Increased government spending

Low unemployment and 2-3% growth

High inflation rates

High interest rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the US consumer contributed to economic growth according to the third section?

By reducing spending

By increasing savings

By relying on government aid

By maintaining confidence and spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do US-based tech companies play in the economy as discussed in the third section?

They have little impact on the economy

They rely heavily on government subsidies

They dominate the stock market

They are primarily focused on exports

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