Three Major Economic Fault Lines
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Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main reasons for growing inequality in the US, according to the speaker?
Lack of technological advancement
Insufficient skilled workforce
High taxation rates
Excessive government spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the US managed to keep consumption inequality lower than income inequality?
Through government subsidies
By increasing wages
Through housing credit
By reducing taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant consequence of the US government's stimulus policies during economic downturns?
Higher savings rates
Reduced inflation
Increased job security
Exacerbated economic imbalances
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the US government respond to the pressure from politicians during economic downturns?
By providing large fiscal and monetary stimulus
By increasing taxes
By implementing austerity measures
By reducing interest rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of cross-border investments that makes them fragile?
They are immune to global market changes
They often lack sufficient guarantees
They rely on local market knowledge
They are always government-backed
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role did foreign investments play in the US financial crisis?
They stabilized the housing market
They led to a credit boom
They reduced government debt
They increased employment rates
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy did emerging markets adopt to avoid economic busts?
Increased domestic consumption
Reducing foreign investments
Increasing government spending
Exporting to industrial countries
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