What is the speaker's view on the current monetary policy's ability to achieve a 2% inflation target?
Summers Says Fed May Need to Raise Rates 'Once or More'

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The policy is not restrictive enough.
The policy is too restrictive.
The policy is irrelevant to inflation.
The policy is perfectly balanced.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest might be necessary for monetary policy?
Increasing interest rates
Maintaining current interest rates
Abolishing interest rates
Decreasing interest rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the predicted GDP growth for the third quarter according to some forecasts?
5%
2%
3%
4%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might be a consequence of the predicted GDP growth?
Abolishment of Fed funds rate
Stability in Fed funds rate
Increase in Fed funds rate
Decrease in Fed funds rate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do large government budget deficits affect the neutral interest rate?
They stabilize the neutral interest rate.
They increase the neutral interest rate.
They have no effect on the neutral interest rate.
They decrease the neutral interest rate.
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