Why does the Federal Reserve care about wage growth?
2014 on Track to Be Strongest for Jobs Since 1999

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Business, Life Skills
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To lower inflation
To decrease job opportunities
To boost consumer spending
To increase unemployment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current year-over-year wage growth rate mentioned in the video?
1%
2%
3%
4%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason suggested for the stagnation in wage growth?
Increase in part-time jobs
Decrease in job creation
Lag in wage data
High inflation rates
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What positive trend is observed in the long-term unemployment figures?
Increase in part-time jobs
Decrease in long-term joblessness
Stagnation in job creation
Increase in wage growth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 'third missing puzzle' in the labor market according to the video?
Consumer spending
Part-time employment
Wage growth
Job creation
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