Yellen Says Economy to Grow at Moderate Pace

The video discusses the current state of the economy, focusing on inflation and employment. It highlights that inflation is slightly below the 2% target, while employment is near full capacity. The economy is growing moderately, driven by consumer spending and improved investment. The global economy is also showing signs of recovery. Looking ahead, the goal is to maintain economic stability through appropriate monetary policies, ensuring full employment and stable inflation.

What is the current inflation rate compared to the target set by the narrator's colleagues?

• Above 2%

• Exactly 2%

• Far below 2%

• Slightly below 2%

Which factor is primarily supporting the moderate pace of economic growth?

• Government spending

• Technological advancements

• Consumer spending

• Export growth

How has the global economy changed according to the narrator?

• It has weakened further

• It remains stagnant

• It is slightly more robust and healthier

• It is experiencing rapid growth

What is the primary goal of monetary policy as discussed in the final section?

• To increase government revenue

• To stabilize inflation around 2% and maintain full employment

• To reduce consumer spending

• To decrease housing prices

What is the narrator's outlook on the future growth of the economy?

• It will experience a boom

• It will grow at a moderate pace

• It will decline rapidly

• It will remain unchanged