Tax Impact Not Felt Until After Midterms, Says Sinche

Tax Impact Not Felt Until After Midterms, Says Sinche

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the uncertainty and delayed impact of a policy similar to the Affordable Care Act, with effects expected to be felt during the 2018 tax season, post-midterm elections. It also covers economic challenges, such as demographic changes and labor market constraints, that make achieving high GDP growth difficult without significant productivity gains.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key similarity between the new policy and the Affordable Care Act as discussed in the video?

Both were implemented before elections.

Both had immediate effects on the economy.

Both were well understood by the public before implementation.

Both had uncertain impacts initially.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the video, when will the effects of the new policy be most noticeable?

During the midterm elections

In early 2019 during tax season

Immediately after implementation

In late 2018

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What demographic factor is mentioned as a challenge to achieving higher GDP growth?

Increasing birth rates

Aging baby boomers

Rising immigration

Decreasing retirement age

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is needed to overcome the labor market capacity problem according to the video?

Increased immigration

Higher unemployment rates

A significant rise in productivity

Lower retirement age

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential solution to achieve higher GDP growth as discussed in the video?

Reducing labor force participation

Decreasing corporate tax rates

Increased capital spending

Immediate tax increases