What is the current state of the US labor market as discussed in the video?
Faster Wage Growth May Lead to Fed Policy Mistake, Says Vanguard's Davis

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is stable with no significant changes.
It is declining with increasing job losses.
It is very tight with a low jobless rate.
It is experiencing high unemployment rates.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might rising oil prices affect the Federal Reserve's policy decisions?
They will definitely lead to more aggressive policies.
They will have no impact on the Fed's decisions.
They will be considered as part of a mixed picture for inflation and growth.
They will cause the Fed to lower interest rates.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential risk associated with higher wages according to the video?
They could lead to lower inflation.
They will have no impact on the economy.
They could cause the Federal Reserve to be too heavy-handed.
They might result in higher unemployment.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are trade tensions expected to impact the Federal Reserve's actions?
They will have a muted impact similar to oil price spikes.
They will be the primary force driving Fed decisions.
They will lead to immediate changes in interest rates.
They will cause a significant disruption in financial markets.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main factor that will lead to economic surprises according to the video?
Tariffs
The labor market
Oil prices
Trade tensions
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