First Half Technical Recession a Real Risk for Global Economy: NatWest

First Half Technical Recession a Real Risk for Global Economy: NatWest

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the market's reaction to recent events and the responses from central banks. It highlights the limitations of central banks in addressing the current economic challenges, emphasizing the need for fiscal responses. The discussion includes a comparison of the fiscal and monetary capabilities of the US and Europe, noting a shift in policy due to the coronavirus. The potential for a technical recession is considered, given the economic shutdowns and their impact on the global economy.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main limitation of central banks in addressing the current market issues?

They lack sufficient monetary tools.

They cannot influence consumer behavior directly.

They have too much power.

They are not willing to act.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is there skepticism about the central bank's response to the current economic situation?

They are acting too aggressively.

They are not addressing the root cause of the problem.

They are not communicating effectively.

They are using outdated methods.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region is noted for having fiscal firepower to address economic challenges?

Africa

South America

Asia

Europe

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a technical recession, as discussed in the video?

A short-term economic downturn due to external factors.

A long-term decline in economic activity.

A recession that only affects the technology sector.

A recession caused by technical errors in the market.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential outcome if both monetary and fiscal responses are implemented effectively?

A prolonged recession.

A decrease in consumer confidence.

A quick economic recovery.

Increased market volatility.