NEC's Kudlow on Business Loans, Economy, Tariff Deferrals

NEC's Kudlow on Business Loans, Economy, Tariff Deferrals

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the progress and challenges of the small business lending program, including potential rule changes to ensure funds reach intended recipients. It covers economic stabilization efforts, such as liquidity injections and unemployment support, and outlines a phased reopening strategy. The conversation also touches on tariff deferrals and trade policies, emphasizing the economic impact and the importance of a trade agreement with China.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the relationship between state decisions and federal guidelines regarding reopening?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the rationale behind suspending tariffs for certain goods as mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the economic impact of the coronavirus crisis on U.S. companies?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the statement that 'tariffs are paid by the companies importing'?

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OFF