Inside Some of the Challenges the ECB Faces

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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the initial estimated impact of Brexit on the euro area economy over three years?
One percentage point
Half a percentage point
Two percentage points
Quarter of a percentage point
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is measuring the output gap in the euro area particularly challenging?
Due to the lack of data
Because it involves only one economy
Because it consists of 19 different economies
Due to consistent inflation rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to recent ECB research, how much slack might be left in the euro area economy?
3% of potential
6% of potential
12% of potential
9% of potential
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the potential actions the ECB might consider in response to Brexit?
Reducing bond purchases
Increasing interest rates
Implementing new taxes
Tweaking bond-buying terms
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a possible reason for the ECB to wait before taking action post-Brexit?
To reduce operational costs
To focus on other global issues
To gather more data on the impact
To avoid political backlash
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