Bank of Korea Holds Key Rate at 1.25%

Bank of Korea Holds Key Rate at 1.25%

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current economic situation, focusing on the seven-day repo rate held at 1.25%, as expected by economists. It highlights a benign inflation environment with rates around 1.9%, indicating negative real rates. The video also addresses the challenge of youth unemployment, with rates at 10.5% for ages 15-29, prompting accommodative monetary policies to foster job creation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current seven-day repo rate mentioned in the video?

1%

2%

1.25%

1.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the general expectation of economists regarding the change in the repo rate?

An increase

A decrease

No change

A significant fluctuation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current inflation rate as discussed in the video?

2%

3%

1.9%

2.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the video suggest about the real interest rates?

They are fluctuating

They are positive

They are negative

They are stable

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the unemployment rate for youth aged 15 to 29 as mentioned in the video?

20%

15%

5%

10.5%