Bank of Korea Cuts Rate to Record Low of 0.50% From 0.75%
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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the US-China conflict affected the Korean economy?
It has increased Korean exports to China.
It has significantly impacted the Korean economy due to high export dependency on China.
It has led to a decrease in Korean exports to the US.
It has had no significant impact on the Korean economy.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the likelihood of South Korea adopting negative interest rates?
Very likely, as it is a common practice in South Korea.
Unlikely, as South Korea traditionally does not have negative interest rates.
Impossible, due to legal restrictions.
Certain, as it is already implemented.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is household debt a concern in South Korea?
Because it is not a concern at all.
Because household debt is decreasing rapidly.
Because high leverage can be problematic with potential negative real rates.
Because households are not leveraged at all.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of lowering interest rates too much in South Korea?
Capital outflow from the Korean market.
Improved economic stability.
Increased foreign investment.
Higher unemployment rates.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the unemployment situation in South Korea differ from other countries?
There is no difference in unemployment statistics.
It is easier to fire employees in South Korea.
The unemployment rate is lower due to different statistical measures.
The unemployment rate is higher due to different statistical measures.
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