Krugman Says Warsh Is Wrong a Lot But Could Get Fed Chair

Krugman Says Warsh Is Wrong a Lot But Could Get Fed Chair

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses the debate over the reappointment of Janet Yellen as Fed Chair, highlighting her successful tenure. It contrasts her with Kevin Wash, whose economic predictions have been consistently inaccurate, yet he remains a politically viable candidate due to his connections with Trump. The discussion raises concerns about the potential politicization of Fed appointments and the implications of having a Fed Chair who may be influenced by political pressures.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is highlighted as a reason for Janet Yellen's potential reappointment as Fed Chair?

Her stellar performance as Fed Chair

Her influence over the White House

Her consistent economic forecasts

Her political connections

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a notable critique of Kevin Wash's economic forecasts?

They have been ignored by the markets

They have been consistently incorrect

They have been politically motivated

They have been consistently accurate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What political connection is mentioned in relation to Kevin Wash?

His influence in the Senate

His support from Janet Yellen

His family connections with Trump

His ties to the Democratic Party

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a concern about appointing a Fed Chair who is perceived to be at the beck and call of the White House?

They might prioritize economic stability

They might be easily influenced by political demands

They might have a strong track record

They might resist political pressures

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is suggested as a characteristic of a Fed Chair who respects the institution?

They have strong family connections

They are not easily pressable by political forces

They have no real reason for being there

They are easily influenced by the White House