U.K. Inflation Rate Increases to 2.7% in April

U.K. Inflation Rate Increases to 2.7% in April

Assessment

Interactive Video

Business

University

Hard

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The video discusses the UK CPI data, which was better than expected, and its implications for the economy and the Bank of England's policies. It highlights concerns about inflation affecting personal disposable income and economic growth. The discussion also touches on the political implications, with the Conservative Party maintaining a lead in opinion polls despite economic challenges.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected month-on-month CPI figure for the UK in April?

0.4%

0.3%

0.5%

0.6%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does higher inflation affect personal disposable income according to the experts?

It increases disposable income.

It has no effect on disposable income.

It stabilizes disposable income.

It reduces disposable income.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential long-term implication of higher inflation on the UK economy?

Slowed economic growth

Stabilized currency value

Higher consumer spending

Increased economic growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factors contributed to the upward trend in UK inflation last month?

Lower airfares

Higher clothing and energy prices

Decreased energy prices

Reduced clothing prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the opinion poll suggest about the Conservative Party's position?

They are slightly behind.

They are tied with the opposition.

They are significantly ahead.

They are losing support.