Economics expert - It's a good budget for many people

The video discusses the current budget, highlighting both positive and negative aspects. It addresses economic challenges, such as rising unemployment and endemic poverty, exacerbated by the pandemic. The extension of furlough is seen as a response to potential unemployment spikes. The video also covers debt management, growth expectations, and housing affordability issues, emphasizing the structural problems in the economy.

What is a potential consequence of the economic measures discussed in the budget?

• Higher taxes in the future

• Decreased unemployment

• Lower taxes in the future

• Immediate economic growth

What is the government's main concern regarding the economy over the summer?

• Falling stock market

• Decreasing interest rates

• Rising unemployment

• Increasing inflation

What is the expected economic growth rate mentioned in the government's recovery plan?

• 1.5% to 2%

• 3% to 4%

• 0.5% to 1%

• 5% to 6%

How has the pandemic affected house prices according to the discussion?

• House prices have fluctuated unpredictably

• House prices have decreased

• House prices have remained stable

• House prices have increased

What ongoing issue has been exacerbated by the pandemic?

• Technological advancement

• Regional inequality

• Global trade

• Environmental sustainability