Lagarde Says Fiscal Positions Need to Be Controlled

Lagarde Says Fiscal Positions Need to Be Controlled

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The transcript covers a range of topics, starting with the decision to choose a PhD candidate from Princeton, highlighting the candidate's qualifications and the involvement of colleagues in the decision-making process. It then shifts to the IMF's role in Indonesia, discussing the organization's support and fundraising efforts for communities affected by natural disasters. The conversation moves to the courage required in economic policy, emphasizing the need for long-term planning and honesty about future risks. Finally, it addresses the importance of managing debt and fiscal responsibility, cautioning against unchecked borrowing and stressing the need for sustainable fiscal policies.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for choosing the PhD candidate from Princeton?

Her credentials and performance

Her connections with economists

Her gender

Her previous work with the IMF

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the IMF plan to assist Indonesia despite it not needing financial aid?

By sending a team of experts

Through community fundraising efforts

By offering technical assistance

By providing loans

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key challenge for the IMF when addressing economic policies?

Focusing on short-term growth

Ignoring unemployment rates

Looking beyond immediate numbers

Reducing government spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the belief regarding debt that the IMF does not support?

Reducing public spending

Growing out of debt

Increasing taxes

Cutting corporate debt

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the IMF emphasize for managing fiscal positions?

Increasing borrowing

Implementing good policies

Reducing taxes

Increasing public spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the IMF's approach to corporate debt?

Encouraging more borrowing

Increasing corporate taxes

Reducing interest rates

Applying caution

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the IMF believe is necessary for sovereign debt?

Ignoring it

Putting it on a declining path

Keeping it stable

Increasing it