BOJ Changing Action Quietly, Former Board Member Shirai Says

BOJ Changing Action Quietly, Former Board Member Shirai Says

Assessment

Interactive Video

Business, Physics, Science

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses Japan's struggle to maintain a 2% inflation target, the Bank of Japan's (BOJ) gradual policy adjustments, and the impact of COVID aid on small and medium enterprises. It also covers the effects of yen movements on exports and the economy, and the government's plans for a supplemental budget ahead of elections. The BOJ's shift from massive quantitative easing to more flexible interventions is highlighted, along with the challenges faced by the manufacturing sector due to semiconductor shortages.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the symbolic importance of the BoJ maintaining a 2% inflation target?

It signals commitment to market stability.

It guarantees increased foreign investment.

It stabilizes the currency exchange rate.

It ensures immediate economic growth.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the BoJ's monetary policy changed over the past 7-8 years?

They have stopped all asset purchases.

They have fixed the interest rates.

They have introduced more flexibility.

They have increased quantitative easing.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key challenges faced by small and medium enterprises in Japan during the COVID-19 pandemic?

Increased competition from large corporations.

Decreased demand from the private sector.

Lack of government support.

High interest rates on loans.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has a weaker yen affected Japan's manufacturing sector?

It has caused a shortage of raw materials.

It has boosted exports and improved profits.

It has led to a decline in manufacturing sentiment.

It has decreased export opportunities.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the Japanese government considering a supplemental budget?

To address the semiconductor shortage.

To increase foreign investments.

To gain public support before elections.

To reduce the national debt.