US GDP Growth Unexpectedly Rose in Second Quarter
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reported GDP growth rate for the second quarter?
1.6%
4.2%
2.4%
3.8%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did personal consumption change from the first to the second quarter?
Increased from 1.6% to 4.2%
Increased from 2.2% to 3.8%
Decreased from 4.2% to 1.6%
Remained constant at 2.4%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the percentage increase in business fixed investment in the second quarter?
10.8%
9.7%
7.7%
4.9%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which component of GDP showed a decrease in government consumption?
Business investment
Durable goods orders
Non-defense spending
Consumer spending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might the Federal Reserve consider based on the current economic indicators?
Lowering interest rates
Raising interest rates
Maintaining current interest rates
Increasing government spending
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