Brainard: Tackling Inflation Is Most Important Task
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Business, Social Studies
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University
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Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of the monetary policy discussed by the speaker?
Reducing inflation to 2%
Decreasing unemployment to 1%
Increasing interest rates
Expanding the Federal Reserve's balance sheet
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During the pandemic, who did the speaker work closely with to stabilize financial markets?
President Biden and Vice President Harris
The World Bank and IMF
The United Nations
Chair Powell and Secretary Mnuchin
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the speaker describe their approach to monetary policy since 2014?
Unchanged regardless of circumstances
Aggressive and unpredictable
Focused solely on inflation
Responsive to evolving economic conditions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the speaker's commitment regarding the Federal Reserve's status?
To privatize its operations
To merge it with the Treasury Department
To maintain its independent and nonpartisan status
To make it a political entity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the congressionally mandated goals of the Federal Reserve mentioned by the speaker?
Price stability and maximum employment
High inflation and low employment
Currency devaluation and trade balance
Interest rate hikes and budget cuts
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