1.) Stock market returns closely follow GDP growth data release by the Bureau of Economic Analysis (BEA) on a quarterly basis.

True or False

2.) A flattening yield curve is an indicator that bond investors expect the economy to slow down in the near future.

True or False

3.) Which of the following is the most likely to indicate a looming economic contraction?

A. Rising stock prices

B. A steepening of the yield curve

C. High initial unemployment claims

D. Increase in services CPI