Lift the Debt Ceiling Now: MacGuineas
Interactive Video
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Business, Social Studies
•
University
•
Hard
Wayground Content
FREE Resource
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary function of the debt ceiling?
To control inflation
To limit government spending
To regulate interest rates
To set a cap on borrowing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main risks associated with not addressing the debt ceiling?
Global economic recession
Increased government spending
Lower tax revenues
Higher interest rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a suggested reform for the debt ceiling discussed in the video?
Eliminating the debt ceiling entirely
Increasing taxes significantly
Reducing government size
Implementing gradual policy changes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a key lesson from past attempts to control spending through automatic cuts?
They were ignored by the public
They were highly effective
They were too strict and never lasted
They were too lenient
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern about relying on markets to impose fiscal discipline?
Markets are heavily regulated
Markets are unpredictable
Markets are too focused on short-term benefits
Markets are too focused on long-term outcomes
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is mentioned as having taken a balanced approach to deficit reduction?
Barack Obama
Joe Manchin
Jason Furman
Paul Ryan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge in finding political leadership for fiscal policy?
High levels of corruption
Lack of public interest
Polarization and inability to function
Excessive government regulations
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