Euro Area Economy Slips Into Double-Dip Recession

Euro Area Economy Slips Into Double-Dip Recession

Assessment

Interactive Video

Business

University

Hard

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The video discusses the EU's economic contraction, which was less severe than expected, and consumer prices that slightly exceeded estimates. It highlights the EU's inflation goals, referencing past efforts by Mario Draghi and current efforts by Christine Lagarde to increase inflation to around 2% year-over-year.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the actual economic contraction in the EU compared to the expected contraction?

0.7% actual, 0.5% expected

0.6% actual, 0.8% expected

0.5% actual, 0.7% expected

0.8% actual, 0.6% expected

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the actual increase in consumer prices compare to the estimate?

0.5% actual, 0.6% estimated

0.7% actual, 0.6% estimated

0.6% actual, 0.5% estimated

0.6% actual, 0.7% estimated

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the core inflation number and how did it compare to the estimate?

0.7%, above the estimate

0.8%, in line with the estimate

0.9%, in line with the estimate

0.8%, below the estimate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the two key figures mentioned in the efforts to increase inflation in the euro area?

Angela Merkel and Christine Lagarde

Christine Lagarde and Emmanuel Macron

Mario Draghi and Angela Merkel

Mario Draghi and Christine Lagarde

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the year-over-year inflation figure mentioned, and what is the target they are aiming for?

1.6%, aiming for 2%

1.5%, aiming for 1.8%

1.6%, aiming for 1.9%

1.7%, aiming for 2.2%