IMF Slashes Turkey 2018 2019 Growth Forecast

IMF Slashes Turkey 2018 2019 Growth Forecast

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses methods to control inflation, such as constraining aggregate demand and easing supply bottlenecks, while noting the challenges of immediate impact. It highlights recent inflation trends, with rates reaching 24.5%, and the potential responses from policymakers. The IMF's projections for Turkey's economic growth are analyzed, noting a significant decrease due to currency depreciation and rising interest rates, impacting consumer purchasing power and investor debt.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one method mentioned to control inflation by affecting aggregate demand?

Lowering interest rates

Raising interest rates

Increasing fiscal spending

Increasing government subsidies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unexpected inflation rate mentioned in the transcript?

15.5%

30.5%

24.5%

10.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the IMF's growth estimate for Turkey for the upcoming year?

3.5%

5.5%

7.4%

6.0%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the currency depreciation affected consumers according to the transcript?

Improved economic stability

No effect on purchasing power

Increased purchasing power

Reduced purchasing power

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected growth trend for Turkey next year as per the transcript?

Flat growth

Rapid growth

Declining growth

Moderate growth