What is the primary difference between a cyclical turn and a recession?
ECB's Ability to Raise Rates in 2019 Questionable, de Longis Says

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A cyclical turn affects only emerging markets, while a recession affects developed countries.
A cyclical turn is a temporary economic slowdown, while a recession is a prolonged downturn.
A cyclical turn is a global phenomenon, while a recession is local.
A cyclical turn is caused by fiscal policies, while a recession is caused by monetary policies.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why has the ECB decided not to change its policy despite signs of economic trouble?
They believe the economy is strong enough to withstand challenges.
They want to avoid reacting to initial signs of trouble.
They are waiting for the US to change its policy first.
They have already implemented all necessary measures.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern for the ECB regarding its ability to raise interest rates?
The impact of fiscal stimulus in emerging markets.
The potential for a new recession in the US.
The exhaustion of current monetary policy tools.
The lack of confidence in the European economy.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the ECB's main challenge in adjusting its policy before a global downturn?
Ensuring growth looks better next year.
Balancing between inflation and deflation risks.
Coordinating with other central banks.
Predicting the exact timing of the downturn.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What assumption is made about economic growth for the next year?
Growth will improve slightly.
Growth will remain stagnant.
Growth will decline significantly.
Growth will surpass expectations.
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