Posen: Trump Infrastructure Needs 1% of GDP Per Year
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Business, Social Studies, Religious Studies, Other
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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 the main concern if Trump's policies focus on glamorous infrastructure projects and open-ended tax cuts?
Higher economic growth
Improved trade balance
A real budget problem with no tangible benefits
Increased job creation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the discussion, what happens if a government runs an excessively loose fiscal policy?
It will have no impact on the economy
The bond market will penalize it
It will lead to a trade surplus
The bond market will reward it
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential issue with Speaker Ryan's fiscal agenda under Trumponomics?
It has unanimous support from both parties
It focuses solely on tax increases
It may lead to increased deficits despite Medicare cuts
It aligns perfectly with Trump's spending plans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much of GDP in real infrastructure spending is suggested to be necessary for job creation?
0.5% of GDP
1% of GDP
3% of GDP
2% of GDP
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor in ensuring that infrastructure spending leads to future job growth?
Reducing corporate taxes
Increasing trade deficits
Building up human capital and infrastructure
Spending on tax cuts
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one strategy mentioned to encourage CEOs to invest in job creation?
Offering tax holidays without any conditions
Repatriating profits with meaningful tax reform
Increasing corporate tax rates
Focusing solely on share buybacks
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the argument for infrastructure investment according to Larry Summers?
It has no impact on business confidence
It can crowd in investment and boost economic confidence
It should be avoided to reduce deficits
It is only beneficial in the short term
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