Hubbard: Likely to See Recession
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Business, Social Studies
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University
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Hard
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7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges the Federal Reserve faces in achieving 2% inflation?
Low interest rates
Supply chain disruptions
Wage pressures
High consumer demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor in the Federal Reserve's strategy to manage labor demand?
Encouraging more job openings
Reducing interest rates
Destroying some of the demand for labor
Increasing government spending
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential political challenge for the Federal Reserve in sticking to its economic policies?
Lack of support from the President
Low unemployment rates
High inflation rates
Opposition from the new Congress
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the constraints on the President's economic agenda?
High levels of public debt
High unemployment rates
Lack of bipartisan support
Limited fiscal resources
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a suggested strategy for long-term economic growth?
Cutting government spending
Increasing tariffs on imports
Reducing immigration
Investing in research and skill development
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is immigration considered important for America's economic strength?
It decreases the need for government spending
It reduces wage pressures
It provides a source of low-cost labor
It contributes to innovation and entrepreneurship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a challenge in achieving bipartisan support for immigration policy?
Differences in economic priorities
High unemployment rates
Political difficulty in separating high and low skill immigration
Lack of public interest
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