Stiglitz: U.S. Will Overcome Supply Chain Bottlenecks

Stiglitz: U.S. Will Overcome Supply Chain Bottlenecks

Assessment

Interactive Video

Business

University

Hard

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The transcript covers a discussion on secular stagnation, fiscal policy, and economic recovery, emphasizing the importance of fiscal stimulus. It highlights IMF's optimistic growth projections under the Biden plan and addresses inflation concerns due to supply chain disruptions. The conversation also touches on shifts in globalization and labor markets, and concludes with an analysis of the economic costs of the Iraq and Afghanistan wars.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the main argument against the idea of secular stagnation as presented in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the lack of fiscal support contribute to the economic weakness after the Great Recession?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does fiscal stimulus play in economic recovery according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential long-term effects of the current economic policies discussed in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of supply chain disruptions on inflation as mentioned in the text.

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in labor dynamics are highlighted in the discussion?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the economic costs associated with the wars in Iraq and Afghanistan?

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