Does the U.S. Have an Insulated Economy?

Does the U.S. Have an Insulated Economy?

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Business

University

Hard

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The transcript discusses the US economy's resilience and consumer sentiment, highlighting lower gas prices and potential wage growth. It examines global economic connections, focusing on central bank actions in Europe, Japan, and China. The Eurozone's lending challenges and the US's economic insulation from global issues are analyzed. Deflation concerns in Europe and Japan are explored, considering their potential impact on the global economy.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the current optimism about the US economy?

High unemployment rates

Increased consumer spending on energy

Lower gas prices and interest rates

Decreased real GDP growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which central bank is expected to take more action according to the discussion?

Reserve Bank of India

Bank of England

European Central Bank

Federal Reserve

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant concern for the European economy?

Surplus in trade balance

Deflation and economic stagnation

High inflation rates

Excessive wage growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much of the US economy is driven by exports?

68%

12%

25%

46%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential outcome if deflationary concerns are not addressed in Europe?

Increased consumer spending

Higher interest rates

Delayed purchases due to expected price drops

Rapid economic growth

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What demographic issue is contributing to Japan's economic challenges?

Youth unemployment

Increased immigration

Aging population

High birth rates

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact does a tax increase have on Japan's economy?

Boosts consumer spending

Increases export demand

Negatively affects economic growth

Reduces deflationary pressures