Summers: Wage Growth Not Consistent With Fed's Inflation Target

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Business, Life Skills
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reported number of jobs created, and how did it compare to expectations?
150,000 jobs, which was below expectations
187,000 jobs, which was below the expected 200,000
200,000 jobs, which met expectations
250,000 jobs, which exceeded expectations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the wage increases compare to expectations?
They were lower than expected
They were not mentioned
They were higher than expected
They matched expectations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What metaphor is used to describe the economic situation?
Climbing a mountain
Landing a plane
Sailing a ship
Driving a car
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the concern regarding the economy in the metaphor used?
The economy might stall
The economy might crash short of the target
The economy might slow down
The economy might run out of fuel
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current state of the labor market according to the transcript?
It is declining
It is tight and tightening further
It is stable
It is loosening
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