VOICED : EEUU cierra mas de una decada de bonanza con crisis del coronavirus

The COVID-19 pandemic severely impacted the US economy in the first quarter, with a 4.8% contraction, marking the largest decline since the 2008 financial crisis. The Department of Commerce noted that the full economic effects of the pandemic are not fully captured in the GDP estimate. The sharp contraction reflects the halt in activity in late March, leading to massive job losses due to restrictive measures. There were significant shifts in demand as people moved to remote work and study, and consumer spending patterns changed. Analysts predict a deeper impact in the second quarter, with potential double-digit contraction, reflecting the harshest weeks of lockdown. The US has the highest death toll from COVID-19, with over 58,000 fatalities.

What was the percentage contraction of the U.S. economy in the first quarter of the year due to the coronavirus?

• 6.0%

• 3.5%

• 4.8%

• 5.2%

Which previous economic crisis is mentioned as having a similar impact to the coronavirus on the U.S. economy?

• The Great Depression

• The Dot-com Bubble

• The Oil Crisis of 1973

• The 2008 Financial Crisis

What significant change in consumer behavior was observed during the pandemic?

• Increased travel

• Higher spending on luxury goods

• More dining out

• Shift to remote work and study

What is the projected economic contraction for the second quarter?

• Single-digit contraction

• Triple-digit contraction

• Double-digit contraction

• No contraction

How many deaths in the U.S. were attributed to the coronavirus by the time of this report?

• Over 60,000

• Over 58,000

• Over 50,000

• Over 70,000