BOJ Will Continue Accommodative Policy for Some Time, Kuroda Says

BOJ Will Continue Accommodative Policy for Some Time, Kuroda Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses Japan's economic growth, which has been around 1% to 1.5% in recent years, with expectations to continue at this rate. Domestic demand is strong, driven by robust business investment, while personal consumption is weak but supported by growing employment income. Exports are recovering, particularly in IT-related goods within East Asia. The labor market is tight with low unemployment, but inflation remains below the 2% target, prompting continued accommodative monetary policy.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the growth rate of the Japanese economy in recent years?

3% to 3.5%

2% to 2.5%

1% to 1.5%

0.5% to 1%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor has significantly supported business fixed investment in Japan?

High export demand

Labor-saving technologies and R&D

Government subsidies

Increased consumer spending

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current trend in Japanese exports, particularly in IT-related goods?

Stable

Decreasing

Increasing

Unchanged

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current unemployment rate in Japan?

About 5%

About 4%

About 2%

About 3%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Bank of Japan's target inflation rate?

1%

2.5%

1.5%

2%