NEC's Kudlow on Jobs Report, Investment Boom, China Tariffs

NEC's Kudlow on Jobs Report, Investment Boom, China Tariffs

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the current state of the US labor market, highlighting a solid jobs report and potential slack in the workforce. It examines the supply side response and investment boom driven by tax cuts, noting early signs of increased productivity. The discussion shifts to China's weakening economy, currency issues, and the US's strategic trade approach, emphasizing tariffs and negotiations with China and the EU. The potential for bilateral talks between President Trump and President Xi is also explored.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated range of people outside the prime age workforce in the U.S.?

22 to 25 million

15 to 18 million

10 to 12 million

5 to 8 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key intention of the U.S. tax cut plan for businesses?

Increase in import tariffs

Reduction in personal income tax

21% corporate rate and full expensing

Subsidies for small businesses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the reasons for the currency fall in China?

Defending the yuan

Rising export rates

Increased foreign investments

Money leaving China

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the U.S. administration's strategy towards China in trade negotiations?

Exerting maximum pain on the Chinese economy

Reducing tariffs on Chinese imports

Increasing import tariffs on European goods

Strengthening the Chinese currency

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region has the U.S. made significant trade progress with recently?

Africa

European Union

Middle East

South America

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential outcome of President Trump's bilateral discussions?

Complete withdrawal from NAFTA

A grand deal to open up markets

Increased tariffs on all imports

Strengthening of the Chinese economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the U.S. stance on tariffs according to the discussion?

Subsidies for Chinese imports

Tariffs only on European goods

Increased tariffs on all imports

No tariffs, barriers, or subsidies