Biden Accuses Putin for Committing Genocide in Ukraine

The video discusses the impact of global events, particularly the Ukraine invasion, on inflation and prices. It highlights the release of oil from the Strategic Petroleum Reserve to combat rising costs and the need for urgent measures to address inflation. The video also emphasizes the importance of reducing the deficit to alleviate inflationary pressures.

What measure was authorized to help deal with the rising oil prices?

• Release of oil from the Strategic Petroleum Reserve

• Subsidizing oil companies

• Raising taxes on oil

• Increase in oil imports

Which global event has significantly impacted gas and food prices worldwide?

• Invasion of Ukraine

• Trade war with China

• Brexit

• COVID-19 pandemic

Which countries are mentioned as major grain producers affected by the global situation?

• India and China

• Brazil and Argentina

• USA and Canada

• Ukraine and Russia

What legislative action is suggested to help reduce inflationary pressures?

• Cutting education funding

• Raising minimum wage

• Increasing interest rates

• Lowering utility and prescription costs

By how much has the national deficit been reduced to help combat inflation?

• $400 billion

• $300 billion

• $200 billion

• $100 billion