Inflation Insights Founder and President on US CPI Numbers

Inflation Insights Founder and President on US CPI Numbers

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses inflation trends, focusing on the Fed's challenges in managing inflation and growth. It covers sticky prices, supply chain issues, and the impact of wage growth on inflation. The potential for stagflation and the Fed's response are analyzed, along with current employment trends and their implications.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main indicators suggesting inflation might accelerate in the future?

Reduction in medical care costs

Stability in grocery prices

Increase in shelter costs

Decrease in used car prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By mid-2022, what is the expected trend for rent prices?

Decrease to 1%

Drop to 0.5%

Remain stable at 2.5%

Increase to around 4.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the trade war starting in 2018 impact the US CPI?

It led to a significant decrease

It caused a massive increase

It stabilized the CPI

It had a minimal impact

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sector has shown a significant increase in wage growth recently?

Healthcare

Fast food

Technology

Manufacturing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current growth estimate for the economy next year?

Around 2%

Around 8%

Around 4%

Around 6%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Federal Reserve's likely approach if inflation returns to around 2.5%?

Maintain current rates and focus on employment

Increase interest rates immediately

Decrease interest rates

Ignore inflation trends

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend is observed in the labor market according to the JOLTS report?

Decrease in wage demands

Stability in job openings

Increase in early retirements

Decrease in job quits