Japan Delays Sales Tax Hike for 2.5 Years
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Business, Social Studies
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University
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Hard
Wayground Content
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the main reason for the Japanese Prime Minister's decision to delay the sales tax hike?
To align with G7 policies
To win the Upper house election
To increase private consumption
Due to a Lehman-type economic shock
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic measure is the Japanese Prime Minister planning to introduce to stimulate growth?
An increase in public sector jobs
A reduction in corporate taxes
A $90 billion economic stimulus package
A new trade agreement
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Finance Minister's main concern regarding the sales tax hike?
Stagnant private consumption
Rising inflation
Increasing unemployment
Decreasing foreign investment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the public's general opinion on the sales tax hike?
Majority are unaware of the hike
Majority are indifferent
Majority oppose the hike
Majority support the hike
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Japanese government's target related to the budget by 2020?
Achieving a primary budget surplus
Doubling GDP growth
Reducing national debt by half
Increasing exports by 20%
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