Ukraine War Causing 'Anti-Goldilocks Economy': Fels

The video discusses the economic challenges faced due to inflation and the war, leading to an anti-Goldilocks economy characterized by stagflation. It explains the four channels of transmission affecting the economy: commodity prices, supply chain disruptions, financial conditions, and consumer confidence. The overall impact is a stagflationary environment with a rising risk of recession.

What is meant by an 'anti Goldilocks economy' as discussed in the video?

• An economy with balanced growth and inflation

• An economy with high inflation and low growth

• An economy with low inflation and high growth

• An economy unaffected by external factors

Which of the following is NOT a channel of transmission mentioned in the video?

• Financial conditions

• Improved supply chains

• Rising commodity prices

• Consumer confidence

How does the war affect supply chains according to the video?

• It reduces transportation costs

• It increases production speed

• It causes delays due to rerouting

• It improves efficiency

What impact does the war have on financial conditions?

• It reduces borrowing costs

• It stabilizes the stock market

• It causes financial conditions to tighten

• It leads to lower interest rates

What is the overall economic risk mentioned at the end of the video?

• An economic boom

• A recession

• A stable economy

• A booming economy