What was the main positive revision in the US economic data discussed in the first section?
U.S. First-Quarter GDP Gets Consumption Boost to 1.4%

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lower unemployment rate
Higher personal consumption
Increase in GDP
Improved trade balance
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Federal Reserve expected to do in response to the tight labor market?
Maintain current interest rates
Focus on unemployment benefits
Decrease interest rates
Increase interest rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When is the Federal Reserve expected to act on balance sheet-related tightening?
In June and November
In July and October
In September and December
In August and January
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the central banks' approach towards short-term inflation numbers?
They prioritize them over long-term trends
They look past them in favor of asset inflation
They ignore them completely
They focus solely on them
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is considered more advanced according to the central banks' view?
The technological cycle
The trade cycle
The financial cycle
The employment cycle
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