Deese: Goal Is Stable, Steady Growth

Deese: Goal Is Stable, Steady Growth

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the current economic indicators and legislative focus, highlighting the transition from a strong recovery to stable growth. It outlines the White House's strategy to tackle inflation without causing a recession, emphasizing the strength of the U.S. labor market and household balance sheets. The discussion includes short, medium, and long-term plans to address economic challenges, such as gas prices, semiconductor supply, and housing. The importance of trade and resilient supply chains is also covered, with a focus on near shoring and friend shoring to promote economic growth.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current economic transition aiming to achieve?

A rapid increase in consumer spending

A stable and steady growth pathway

A shift from services to goods

A decrease in employment rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the White House plan to address inflation without causing a recession?

By increasing taxes

By cutting government spending

By leveraging the U.S.'s economic strengths

By reducing exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus of the semiconductor investment bill?

Enhancing digital marketing

Decreasing energy consumption

Increasing the supply of semiconductors

Reducing labor costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a short-term action mentioned to ease price pressures?

Expanding public transportation

Increasing tariffs

Reducing gas prices

Building new factories

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What long-term strategy is discussed for addressing housing supply issues?

Increasing interest rates

Encouraging affordable housing development

Limiting urban expansion

Reducing property taxes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does trade policy contribute to economic growth and price stability?

By promoting resilient supply chains

By increasing import tariffs

By focusing solely on domestic markets

By reducing international trade

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the White House's approach to promoting near shoring and friend shoring?

By leveraging private capital

By reducing public investment

By increasing foreign aid

By limiting industrial growth