What is one of the main challenges the Federal Reserve faces according to the speaker?
We're Moving Toward Higher Entrenched Inflation, Says Larry Summers

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reducing government spending
Increasing interest rates
Cooling an overheated economy
Managing a deflationary economy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest about the nature of inflation?
It is becoming more entrenched
It is unaffected by labor shortages
It is likely to decrease soon
It is entirely transitory
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Brian Deese's perspective on the cause of inflation?
It is due to excessive demand
It is a supply side problem
It is caused by high wages
It is a result of government policies
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the speaker, what is a significant issue in the labor market?
Low unemployment rates
High ratio of vacancies to unemployment
Excessive government intervention
Lack of skilled workers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest might happen if the economic imbalance is not addressed?
Deflation will occur
Inflation will stabilize
Interest rates will drop
Inflation may accelerate
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