US Recession Becomes Official

5 Questions | Total Attempts: 39

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US Recession Becomes Official - Quiz

After watching the US Recession Becomes Official answers the following 5 questions.


Questions and Answers
  • 1. 
    According to the man, some economists think that the recession started in January or ______________.
    • A. 

      February

    • B. 

      December

    • C. 

      March

  • 2. 
    Who gets to "officially" proclaim that there is a recession?
    • A. 

      The National Bureau of Economic Research

    • B. 

      The U.S. Senate

    • C. 

      The NASDAQ

  • 3. 
    According to a December 2007 poll, how many respondents thought that the U.S. was in a recession?
    • A. 

      Over 40%

    • B. 

      Over 50%

    • C. 

      Over 60%

  • 4. 
    How many jobs does the man think will be lost in total in the United States in 2008?
    • A. 

      2 million

    • B. 

      1.2 million

    • C. 

      500,000

  • 5. 
    According to the man, the US economy is very much dependent on ____________________________.
    • A. 

      Consumer confidence

    • B. 

      Government bailout packages

    • C. 

      Consumer spending

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