Abe Set to Call Election, Delay Tax Hike

The video discusses the unexpected recession, marking the fourth since 2008, and the economic measures being considered, such as delaying a sales tax increase and introducing a stimulus package. It highlights the historical impact of sales tax changes on Japan's economy and the government's response. The global economic situation is also addressed, with concerns about potential recessions in the Eurozone, conflicts, and emerging market slowdowns. The video concludes with a discussion on deflation and disinflation, emphasizing the importance of economic strategies to prevent further downturns.

What was the unexpected economic event in Japan discussed in the video?

• A decrease in exports

• A rise in employment rates

• A fourth recession since 2008

• A sudden increase in GDP

What is the proposed change to Japan's sales tax mentioned in the video?

• An immediate increase to 12%

• A delay in the increase from 8% to 10%

• A complete removal of the sales tax

• A reduction to 5%

What is the main concern of Japan's economy minister regarding the sales tax hike?

• It might boost inflation

• It will lead to a surplus in the budget

• It could slow down economic recovery

• It will increase foreign investment

Which global issue did David Cameron highlight as a warning sign for the economy?

• Technological advancements

• Increased global trade

• The Euroland recession

• Rising oil prices

What economic term did Mark Carney use to describe slow price increases?

• Hyperinflation

• Stagflation

• Disinflation

• Reflation