Where Did Abenomics Go Wrong?

Where Did Abenomics Go Wrong?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of declining oil prices on the US economy, highlighting benefits for consumers and retailers, but also potential downsides. It explores global economic concerns, including deflation in Europe and political instability in Greece. Japan's economic challenges and the effectiveness of Abenomics are analyzed, with a focus on tax policy and economic reform. The video concludes with investment strategies, comparing US and European markets, and anticipates future economic conditions, including potential interest rate hikes by the Federal Reserve.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main benefits of lower oil prices for US consumers?

Decrease in retail sales

Boost in consumer spending

Higher gasoline prices

Increased unemployment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which global region is facing renewed economic concerns due to political issues and deflationary pressures?

South America

Africa

Europe

North America

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern for the European Union's economic stability?

Political unity

Strong currency valuation

High inflation rates

Excessive consumer spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic strategy in Japan is being questioned due to recent recession data?

Supply-side economics

Keynesianism

Monetarism

Abenomics

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant mistake in Japan's economic policy according to the discussion?

Reducing exports

Lowering interest rates

Cutting government spending

Increasing consumption tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of the US Federal Reserve's forecast meeting?

Reduction in consumer confidence

Interest rate hike

Increase in unemployment

Decrease in oil prices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic indicator is expected to improve by mid-2015, prompting a potential rate hike?

Unemployment rate

Oil prices

Retail sales

Consumer confidence