CLEAN : Romania, IMF credit deal on track after fu

CLEAN : Romania, IMF credit deal on track after fu

Assessment

Interactive Video

Business, Economics, Social Studies

10th - 12th Grade

Hard

Created by

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FREE Resource

The video discusses instructional strategies and the IMF's agreement on a program that remains on track. The Ministry of Finance plans to address a GDP gap by freezing or deferring spending. The government will assess revenue performance to avoid further cuts. Romania's GDP growth in 2013 was strong, and projections for 2014 suggest continued growth, with other sectors playing a significant role.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the next step after reaching an agreement at the staff level according to the transcript?

Approval by the European Union

Approval by the Ministry of Finance

Approval by the IMF management and Executive Board

Approval by the Romanian government

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Ministry of Finance plan to address the budget gap?

By cutting salaries

By borrowing more money

By freezing or deferring spending

By increasing taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What will the government do if revenue performance is stronger than expected?

Reduce taxes

Increase spending

Implement new policies

Avoid further budget cuts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Romania's estimated GDP growth in 2013?

2.2%

3.0%

2.8%

1.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is expected to play a more significant role in Romania's economy in 2014?

Technology

Services

Manufacturing

Agriculture