What was the economists' expectation for retail sales change due to reduced prices?
Retail Sales in U.S. Decreased More Than Forecast

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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
No change
A gain of 0.5%
A drop of 0.1%
A gain of 1%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the actual drop in retail sales reported?
0.1%
0.4%
0.2%
0.3%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do economists often adjust retail sales figures to smooth out fluctuations?
By including only food sales
By excluding auto sales
By excluding gas prices
By averaging over two months
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the main reasons for the better retail sales performance in the previous month?
Higher gas prices
Increased auto sales
Reduced consumer spending
Increased building material sales
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might falling oil prices affect consumer spending according to the video?
Consumers will spend more on other goods
Consumers will save more money
Consumers will spend less on other goods
Consumers will invest in stocks
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