Donald Trump May Replace 4 of 7 Fed Seats

Donald Trump May Replace 4 of 7 Fed Seats

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses how President Trump could reshape the Federal Reserve by filling vacancies and potentially influencing interest rates. It highlights Trump's past criticism of low interest rates and market bubbles, and speculates on his future appointments to the Federal Reserve. The discussion also covers the potential impact of Trump's economic policies on interest rates and inflation, noting the influence of the bond market and economic indicators like unemployment.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What opportunity does Trump have regarding the Federal Reserve Board of Governors?

To appoint four new members

To replace all members of the board

To eliminate the board entirely

To increase the number of board members

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might Trump's view on low interest rates change now that he is in office?

He might continue to oppose them

He might become more supportive of them

He might increase interest rates immediately

He might ignore interest rates altogether

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason Trump might favor low interest rates?

His background as a real estate developer

His desire to increase inflation

His plan to reduce government spending

His focus on international trade

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role do bond market vigilantes play in interest rate control?

They have no influence on interest rates

They can influence the yield curve

They set the federal funds rate

They control quantitative easing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could cause the yield curve to steepen significantly?

A stable inflation rate

Excessive economic stimulus

A decrease in unemployment

A reduction in tax rates