US Recession Becomes Official

5 Questions | Attempts: 40
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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

    Correct Answer
    B. December
  • 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

    Correct Answer
    A. The National Bureau of Economic Research
  • 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%

    Correct Answer
    B. Over 50%
  • 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

    Correct Answer
    A. 2 million
  • 5. 

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

    • A.

      Consumer confidence

    • B.

      Government bailout packages

    • C.

      Consumer spending

    Correct Answer
    C. Consumer spending

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 20, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Feb 12, 2010
    Quiz Created by
    Habla_ingles
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