China Pledges Fiscal, Monetary Stimulus

The video discusses the economic impact of the outbreak in China and South Korea. In China, efforts are underway to restart the economy, with some provinces lowering alert levels. Wuhan is easing quarantine measures, but risks remain. In South Korea, the situation is critical, with the alert level raised to the highest. Daegu is under quarantine, and mass testing is underway. The Bank of Korea is considering cutting interest rates to mitigate economic impacts.

What percentage of capacity was the Chinese economy operating at according to Bloomberg Economics?

• 90-100%

• 50-60%

• 30-40%

• 70-80%

Which province in China was the second most affected after Hubei?

• Guangdong

• Sichuan

• Jiangsu

• Zhejiang

What action did the South Korean president take in response to the outbreak?

• Increased international travel

• Closed all borders

• Raised the national alert level to the highest

• Lowered the national alert level

How many confirmed cases were reported in South Korea at the time of the transcript?

• 763

• 1500

• 500

• 1000

What was the expected action of the Bank of Korea in response to the outbreak?

• Introduce new currency

• Maintain current interest rates

• Cut interest rates

• Increase interest rates