Yellen on Fiscal Support, Fed Independence and China

Yellen on Fiscal Support, Fed Independence and China

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the importance of fiscal and monetary policy, emphasizing the need for central bank independence amidst deregulation trends. It highlights the potential benefits of well-designed tax reforms on productivity, while stressing the importance of detailed policy design. The video also addresses climate change, advocating for efficient carbon pricing at the source of emissions. Finally, it examines trade relations, particularly between the United States and China, and the impact of tariffs and currency appreciation on competitiveness.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for central banks to maintain independence?

To promote deregulation

To ensure unbiased monetary policy decisions

To reduce the need for fiscal policies

To increase government control over the economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential benefit of appropriately designed tax reform?

Increased government spending

Higher inflation rates

Reduced carbon emissions

Improved productivity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is suggested as an efficient way to price carbon?

Implementing a cap-and-trade system

Subsidizing renewable energy

Levying a tax at the source of carbon emissions

Increasing tariffs on imported goods

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might tariffs affect the competitiveness of goods?

They always make goods less competitive

They make goods more competitive, but currency appreciation can offset this

They have no impact on competitiveness

They only affect domestic goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a current issue in the trade relations between the United States and China?

Imbalance in trade relations

Lack of trade agreements

Excessive tariffs on European goods

Currency manipulation