Yellen on the State of the Economy, Inflation

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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant achievement in the labor market during the recovery phase?
Reduction in unemployment rate
Increase in part-time jobs
Stagnation in wage growth
Decrease in labor force participation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern regarding productivity growth in recent years?
It has been decreasing by 1% per year
It has been stable at 2% per year
It has averaged only half a percent per year
It has been increasing rapidly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is slow productivity growth a serious issue?
It leads to higher unemployment
It results in a decrease in part-time jobs
It causes inflation to rise
It affects the pace of improvement in living standards
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a key factor in the recent low inflation rates?
Rise in import prices
Increase in oil prices
Appreciation of the dollar
Depreciation of the dollar
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for inflation if the labor market continues to improve?
It will remain below the target
It will decrease further
It will move back up to the 2% target
It will rise above the 2% target
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