What recent action has the People's Bank of China taken to support the economy?
PBOC Pledges to Use Policy Tools to Spur Recovery

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased interest rates
Cut interest rates
Introduced new taxes
Reduced government spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern regarding how companies are using borrowed funds?
Investing in new projects
Paying off existing debt
Expanding overseas
Hiring more employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one suggested fiscal policy measure to stimulate the economy?
Reduce central government spending
Increase local government debt
Transfer local government debt to central government
Raise taxes on corporations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the focus of the central government's recent economic strategy?
Trade policy
Fiscal policy
Monetary policy
Environmental policy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected outcome of transferring local government debt to the central government?
Increase in local taxes
Reduction in central government debt
More room for local investment and spending
Decrease in foreign investment
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