Dems Begin Final Push for $1.9T Biden Plan

Dems Begin Final Push for $1.9T Biden Plan

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic outlook for the US, highlighting the impact of stimulus measures and vaccine rollouts on growth and markets. It explores political dynamics in Congress, particularly around stimulus and minimum wage legislation. The discussion also covers market reactions to bond yields and potential tax and spending policies, emphasizing the challenges and opportunities for economic growth.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors are contributing to the optimism about the US economy in 2021?

Increased government regulations

Stimulus measures and vaccine rollouts

Rising unemployment rates

Decreasing consumer spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does Joe Manchin play in the current stimulus discussions?

He is using his position for leverage in the Senate

He is supporting the $15 minimum wage increase

He is leading the stimulus package negotiations

He is opposing the stimulus package entirely

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the $15 minimum wage increase on the reconciliation process?

It is likely to be rejected

It is expected to pass without issues

It requires clearance from the Senate parliamentarian

It will be included in a separate bill

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might rising bond yields affect the equity markets?

They will result in increased interest rates by the Fed

They will have no impact on equity markets

They could lead to a decrease in equity market stability

They will cause a significant drop in equity prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Federal Reserve's current stance on interest rates?

The Fed plans to raise rates soon

The Fed is increasing rates gradually

The Fed is maintaining low rates for the foreseeable future

The Fed is undecided on interest rate changes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential size of President Biden's ambitious program that includes tax increases and infrastructure?

$3 trillion

$1 trillion

$2 trillion

$4 trillion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenges does Congress face in implementing tax increases and spending plans?

Opposition from the Federal Reserve

Difficulty in gaining momentum

Lack of public support

Complexity in balancing tax increases with spending