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Federal Reserve Bank of Boston Economic Quiz
'Tis the Season to be Spending
1. What share of total U.S. economic activity does consumer spending comprise?
1/4
1/3
1/2
2/3
2. Which of the following retailers had the biggest jump in month-to-month sales during the holiday season of 2002?
Clothing Stores
Sporting Goods Stores
Department Stores
Jewelry Stores
3. What percentage of total 2002 sales for department stores took place in December?
7%
10%
14%
28%
4. For the fourth quarter of 2002, what was the value of e-commerce sales?
$11.2 billion
$13.8 billion
$22.1 billion
$33.7 billion
5. Between January and September 2003, the value of U.S. imports of stuffed toys is approximately $820 million. What country do most holiday toys come from?
Taiwan
Canada
China
Mexico
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Source: U.S. Department of Commerce
Source: U.S. Department of Commerce
Economic quiz written by: Marci Vencil - December 2003
Views expressed in the economic quiz are those of the individual author.