Infometrics' Olsen On New Zealand's Economic Risks

Infometrics' Olsen On New Zealand's Economic Risks

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges of controlling inflation in New Zealand amidst global economic pressures. It highlights the impact of rising food and fuel prices, government fiscal policies, and the role of the Reserve Bank. The discussion also covers voter concerns about economic policies, including tax cuts and fiscal restraint, and examines economic indicators like employment and migration. The video concludes by addressing the risks posed by global economic slowdowns, particularly from China.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main economic challenge discussed in the first section?

Trade deficit

Unemployment

Inflation control

Energy crisis

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which political party in New Zealand is offering tax cuts as a solution?

Labour Party

Green Party

National Party

ACT Party

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor contributed to the slowdown in food price inflation in New Zealand?

Government subsidies

Wild weather events

Improved technology

Increased imports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Reserve Bank's main concern regarding the housing market?

Increasing house prices

Fluctuating house prices

Decreasing house prices

Stable house prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much additional spending is the New Zealand government planning according to the pre-election update?

$7 billion

$5 billion

$10 billion

$3.5 billion

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key voter sentiment regarding government promises?

Under-promising and over-delivering

Ignoring public demands

Meeting all expectations

Over-promising and under-delivering

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What paradox is highlighted about New Zealand's economy?

Strong economy with low inflation

Weak economy with high employment

Strong economy generating inflation

Weak economy with low inflation