Jeremy Hunt becomes the new Chancellor of the Exchequer

Jeremy Hunt becomes the new Chancellor of the Exchequer

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the need to address the growth paradox to fund public services and reduce taxes. It highlights the importance of competitive business taxes for economic growth. The speaker acknowledges the need for tough decisions on spending and taxes due to current challenges. Despite these challenges, there is significant potential for growth, supported by upcoming policies. The video emphasizes confidence in the British economy, citing its top universities and financial centres.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fundamental strategy mentioned to support public services and reduce taxes?

Decreasing business competition

Raising corporation tax

Reducing public spending

Increasing the growth rate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker want to cut corporation tax?

To decrease inflation

To reduce government revenue

To make business taxes more competitive

To increase public spending

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker say about future spending and tax decisions?

Some taxes may need to rise

All taxes will be reduced

Spending will increase significantly

No changes will be made

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential does the speaker see in the British economy?

Limited growth due to high taxes

Strong growth due to new policies

Weak educational institutions

Decline in the technology sector

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sectors are highlighted as strengths of the British economy?

Tourism and hospitality

Mining and construction

Agriculture and manufacturing

Education and technology