Sec. Yellen Downplays U.S. Recession Risk As Economic Reports Loom

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Social Studies, Business
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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
What did Treasury Secretary Janet Yellen say about the current state of the economy?
The economy is growing rapidly.
The economy is in a transition period with slowing growth.
The labor market is weak.
The economy is in a recession.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the labor market perform in the last three months according to the transcript?
It remained stagnant.
It lost 375,000 jobs.
It averaged gains of 375,000.
It showed no gains.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the upcoming report from the Commerce Department?
It will focus on the labor market only.
It will predict the next quarter's growth.
It will provide an estimate of the economy's output for the April-June quarter.
It will confirm the economy's growth.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are experts concerned about regarding the upcoming economic report?
It might show a growing economy.
It could indicate a shrinking economy for a second quarter.
It will focus on international trade.
It will show no change in the economy.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would a shrinking economy for a second quarter mean?
The economy is stable.
The economy is growing.
The country is technically in a recession.
The labor market is weak.
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