What is the current state of global inflation according to the discussion?
Polarized Politics Makes Path of U.S. Deficit a Worry, UBS Says

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is significantly below the long-term average.
It is unpredictable and fluctuating wildly.
It is hovering around its long-term average.
It is significantly above the long-term average.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of rising wages on inflation?
It may squeeze profit margins or push up inflation.
It will only affect service sector inflation.
It will lead to a decrease in inflation.
It will have no impact on inflation.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is hedonic adjustment in the context of inflation?
A method to increase prices without affecting inflation.
A process where quality improvements lead to lower CPI.
A technique to stabilize profit margins.
A strategy to reduce wages to control inflation.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges the Federal Reserve faces in raising rates?
Global economic instability.
High inflation rates.
Political factors and debates.
Lack of economic data.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should there be concern about the US deficit?
Due to the lack of political polarization.
Because the current level of debt is unprecedented.
Due to the direction and trajectory of the debt.
Because it is higher than Japan's debt.
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