U.S. to See a GDP Slowdown in 2019, Economist Bandholz Says

The video discusses the impact of international trade, particularly with countries like China, on the US GDP. It highlights the relatively closed nature of the US economy and the limited impact of tariffs in absolute terms. The discussion moves to the potential spillover effects on business sentiment and the stock market. The video also covers the role of inventories in GDP analysis and the uncertainties surrounding GDP growth projections for 2018 and 2019, with expectations of a slight slowdown in growth.

How does the US economy's relative closed nature affect its response to international trade factors?

• It amplifies the impact of international trade.

• It makes the economy immune to external factors.

• It has no effect on the economy.

• It reduces the impact but does not eliminate it.

What is the potential impact of tariffs on the US economy according to the discussion?

• They have no impact at all.

• They are tiny relative to the economy's size.

• They are negligible in absolute terms.

• They have a significant impact on the economy.

What was the perceived mistake regarding the third quarter GDP of 2018?

• It was not considered significant.

• It was underestimated.

• It was accurately predicted.

• It was overestimated.

How do inventory changes typically affect GDP?

• They significantly alter the GDP path over four quarters.

• They usually don't affect the quarterly GDP path.

• They have a major impact on annual GDP.

• They have no impact on GDP.

What is the expected growth rate of the US economy for 2018?

• Exactly 3%

• Above 3%

• Below 2%

• Slightly below 3%