President-elect Biden's Economic Team Faces Covid-19 Challenge

The transcript discusses President-elect Biden's economic team, focusing on Janet Yellen's nomination as Treasury Secretary and her past success in economic recovery. It highlights Cecilia Rouse's focus on income inequality and Neera Tanden's challenges in managing the national budget amid rising debt. The pandemic's impact on the economy and the need for urgent action are emphasized.

Who has President-elect Biden nominated for the position of Treasury Secretary?

• Cecilia Rouse

• Neera Tanden

• Janet Yellen

• Jerome Powell

What is Cecilia Rouse's primary focus as a labor economist?

• Healthcare reform

• National debt

• Income inequality

• Interest rates

What was the unemployment rate in February before the pandemic hit?

• 5.0%

• 3.5%

• 2.5%

• 4.5%

Which act did Neera Tanden work on under President Obama?

• The Affordable Care Act

• The Economic Recovery Act

• The Tax Reform Act

• The Social Security Act

What is the current US budget deficit as mentioned in the transcript?

• $3.1 trillion

• $2.1 trillion

• $4.1 trillion

• $5.1 trillion