What Does Boeing Mean to the U.S. Economy?

The transcript discusses the potential economic impacts of the Boeing 737 Max grounding, including effects on GDP, employment, and exports. It also explores the pricing power of Boeing and its suppliers, considering inflationary and disinflationary impacts. The conversation touches on exogenous risks and their implications for political scenarios, particularly in the context of the 2020 election.

What is the potential GDP impact if the Boeing Max 737 remains grounded?

• 10 to 20 basis points

• 40 to 60 basis points

• 100 to 120 basis points

• 70 to 90 basis points

How does reducing supply while maintaining demand affect the economy?

• It leads to deflation

• It decreases demand

• It stabilizes prices

• It causes inflation

What is the effect of Boeing's pricing power on its supply chain?

• It increases competition

• It reduces costs for suppliers

• It may lead to inflationary impacts

• It stabilizes the market

What is the term used to describe risks that are external and unpredictable?

• Operational risks

• Endogenous risks

• Systematic risks

• Exogenous risks

What is a potential consequence of exogenous risks on an incumbent president's re-election chances?

• Increased popularity

• Economic growth

• Downturn in GDP growth

• Stable employment rates