China Pledges Fiscal, Monetary Stimulus

China Pledges Fiscal, Monetary Stimulus

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the economic impact of the outbreak in China and South Korea. In China, efforts are underway to restart the economy, with some provinces lowering alert levels. Wuhan is easing quarantine measures, but risks remain. In South Korea, the situation is critical, with the alert level raised to the highest. Daegu is under quarantine, and mass testing is underway. The Bank of Korea is considering cutting interest rates to mitigate economic impacts.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions is the Bank of Korea expected to take in response to the economic situation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many confirmed cases and deaths are reported in South Korea?

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