What is the main reason for the increase in retail sales according to the first section?
Rivkin: Markets Underestimate the Fed on Rates

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The government is providing more subsidies.
Increased employment and wages lead to higher consumption.
People are saving more money.
Retailers are offering more discounts.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Eric Rosengrant of the Boston Fed believe about the US economy?
It will remain stable.
It is weaker than expected.
It will decline significantly.
It is stronger than anticipated.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might Wall Street be pessimistic about the US economy?
Due to low commodity prices.
Because of high corporate profits.
Because of concerns about international economic conditions.
Due to strong domestic economic indicators.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of rising wages and commodity prices on companies?
Decreased corporate profits.
Higher stock market valuations.
No impact on corporate profits.
Increased corporate profits.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factor has contributed to companies making money in the past year?
Low commodity prices.
Increased government taxes.
High commodity prices.
Decreased consumer spending.
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