IMF Chief Economist on Global GDP Forecast, Inflation

IMF Chief Economist on Global GDP Forecast, Inflation

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses global economic projections, highlighting a slowdown in growth for 2022 and 2023. It addresses inflation trends, central bank risks, and the potential for financial instability due to monetary tightening. The impact of fiscal policy on the energy crisis and inflation is also explored, with a focus on the UK and the need for coordinated economic strategies.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected global growth rate for 2023 according to the baseline scenario?

4.0%

2.7%

3.2%

1.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What fraction of the global economy is expected to experience a contraction in the coming years?

One-half

One-third

One-fifth

One-fourth

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected global inflation rate for 2023?

5.0%

6.5%

7.2%

8.8%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the risks central banks face when adjusting monetary policy?

Over-tightening

Under-spending

Under-regulating

Over-lending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has the Bank of England done to address market instability?

Stopped all market interventions

Reduced interest rates

Provided financing against guilds

Increased taxes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advice given to countries dealing with the energy crisis?

Implement long-term fiscal policies

Coordinate fiscal and monetary policies

Ignore central bank actions

Increase public spending

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the recommended approach for fiscal policies during the energy crisis?

Permanent tax cuts

Targeted temporary measures

Universal basic income

Complete deregulation