Kocherlakota Says 3 Percent U.S. Growth Is Possible

Kocherlakota Says 3 Percent U.S. Growth Is Possible

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Interactive Video

Business

University

Hard

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The transcript discusses the debate among economists about the feasibility of achieving a 3% GDP growth rate. It explores potential shocks and innovations that could lead to such growth, despite skepticism. The role of the Federal Reserve's policies and their impact on growth is examined, along with the reputation and biases of economists. The discussion also highlights the importance of infrastructure investment in driving economic growth and productivity.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do economists view the possibility of achieving a sustainable 3% growth over the next decade?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential shocks to the economy that could lead to a growth rate of 3%?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does innovation play in driving economic growth according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors could potentially lead to stronger growth in the short to medium term?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do economists have regarding the Federal Reserve's approach to monetary policy?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How might political bias among academic economists affect their views on growth goals?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of infrastructure investment in relation to economic growth?

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