Powell Says Fed Will Raise Rates More Over Time If Needed

Powell Says Fed Will Raise Rates More Over Time If Needed

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current economic situation, focusing on the imbalance between demand and supply, particularly in goods like cars. It explores how this imbalance might be corrected through shifts in demand and the return of normal supply conditions. The video also addresses the potential need to adjust interest rates if inflation persists longer than expected. Finally, it highlights the importance of price stability for achieving a strong labor market and long-term economic expansion.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main factors causing strong demand in certain areas?

Excessive supply

Constrained supply

Low consumer interest

Government regulations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might be a necessary action if inflation persists longer than expected?

Increasing interest rates

Increasing demand

Reducing supply

Lowering interest rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is controlling inflation important for the labor market?

It reduces the need for skilled workers

It ensures a short-term economic boost

It decreases the cost of living

It supports a strong labor market with high participation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a severe threat to achieving maximum employment?

Low inflation

High inflation

Stable prices

Decreasing demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is needed to achieve a long economic expansion?

Price stability

Decreased labor participation

Increased supply constraints

High inflation