Higher Gas, Food Prices Are Hurting Confidence: Peterson

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the main reasons for the decline in consumer confidence in August?
Increased job opportunities
Rising food and gasoline prices
Decreasing inflation rates
Improved labor market conditions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have payroll data revisions affected consumer confidence?
They have increased consumer confidence
They have had no impact on consumer confidence
They have decreased consumer confidence
They have led to more job openings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the concerns consumers have about the housing market?
Increased new home sales
Frozen housing market due to high mortgage rates
High stock market gains
Low mortgage rates
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is happening to consumer savings as a result of current economic conditions?
Savings are unaffected
Savings are being invested in stocks
Savings are increasing
Savings are being depleted
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential economic outcome by the end of the year due to weak consumer spending?
Economic boom
Recession
Stable economy
Rapid inflation
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