Citi's Buiter Says Hard Economic Data Does Not Exist
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Business
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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
What is the main concern about the quality of GDP data mentioned in the video?
It is influenced by political bias.
It is too optimistic.
It relies heavily on surveys.
It is based on outdated methods.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the key difference between the Federal Reserve Bank of New York and the Atlanta Fed's GDP estimates?
The New York Fed uses more recent data.
The Atlanta Fed uses a different calculation method.
The New York Fed is more optimistic.
The Atlanta Fed is more conservative.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does the speaker lean towards the 1% GDP growth estimate?
Because optimism is just a mood.
Because the 3% estimate is too high.
Because the data is more reliable.
Because the economy is shrinking.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is necessary for optimism to lead to actual economic growth?
Higher consumer confidence.
Immediate policy changes.
Sustained positive sentiment.
Increased government spending.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What example is used to illustrate unreasonable beliefs about economic policy?
Assumptions of increased consumer spending.
Belief in a quick economic recovery.
Predictions of a stock market boom.
Expectations of a 20% corporate tax rate.
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