CLEAN : Very hard to predict the effects of US govt shutdown: IMF

The video discusses the uncertainty in tax bill estimates due to temporary features, the expected surge in investment and subsequent payback, the implications of PAYGO provisions on government expenditure, and the potential impact on US growth and trade. The overall economic picture remains unpredictable.

What is one of the temporary features of the tax bill that is expected to cause a surge in investment?

• Long-term infrastructure projects

• Increased tariffs

• Temporary expensing of investment

• Permanent tax cuts

What do the PAYGO provisions require if the deficit grows?

• More foreign aid

• Cuts in government expenditure

• Higher taxes

• Increased government spending

What is uncertain about the PAYGO provisions?

• The timeline for their implementation

• Their impact on international trade

• The amount of tax revenue they will generate

• Whether they will be adhered to or relaxed

How might the payback in US growth affect import growth?

• It will cause import growth to fluctuate unpredictably

• It will have no effect on import growth

• It could result in slower import growth

• It could lead to increased import growth

What is challenging to predict about the economic effects discussed?

• The effect on local businesses

• The immediate impact on employment

• The overall picture and size of the effects

• The exact timeline of the effects