Chancellor Rishi Sunak summarises government's response to coronavirus in 2020 Budget

Chancellor Rishi Sunak summarises government's response to coronavirus in 2020 Budget

Assessment

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Business, Social Studies

University

Hard

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The transcript outlines the government's response to the coronavirus pandemic, detailing a £30 billion fiscal stimulus to support the British economy, including funds for the NHS, sick pay, and benefits. It highlights global coordination efforts with the G7 and G20, and additional funding for the IMF. The commitment to national support includes tax cuts, loans, and grants for businesses. The transcript concludes with acknowledgments to the Office for Budget Responsibility and Robert Choate.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount set aside for the emergency response fund mentioned in the first section?

£7 billion

£5 billion

£10 billion

£3 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the total fiscal stimulus announced to support the British economy?

£35 billion

£30 billion

£25 billion

£18 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which international organizations are mentioned in relation to global cooperation efforts?

NATO and EU

G7 and G20

UN and WHO

OECD and IMF

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional support is mentioned for the self-employed in the third section?

Higher interest loans

Reduced sick pay

Faster access to benefits

Tax increases

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is acknowledged for their contribution to the Office for Budget Responsibility?

Mark Carney

Robert Choate

Christine Lagarde

Andrew Bailey