Coveney says Government to stick with spending plan despite Central Bank warning

Coveney says Government to stick with spending plan despite Central Bank warning

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the government's approach to managing the economy amidst inflation. It highlights the need to balance the budget without exacerbating inflation while addressing the cost of living pressures faced by households. The government aims to maintain employment, reduce taxes, and bring down inflation. Transparency in decision-making and sticking to set economic targets are emphasized.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's main challenge in setting the budget?

Balancing inflation control with cost of living support

Increasing taxes to fund public services

Reducing unemployment rates

Improving international trade relations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a focus of the government's economic management?

Increasing the national debt

Expanding the public sector

Reducing the tax burden when possible

Raising interest rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the government's strategies to help people retain more of their earnings?

Reducing the tax take

Increasing social welfare benefits

Subsidizing housing costs

Providing free public transportation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the two individuals mentioned as being focused on economic decisions?

Robert Johnson and Emily Clark

David Brown and Sarah Lee

Michael McGrath and Pasco Donohue

John Smith and Jane Doe

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's approach to dealing with inflation and economic pressures?

Increasing interest rates drastically

Ignoring inflation to focus on growth

Sticking to set targets and being transparent

Cutting all public spending