Greenspan: Last 5 Years U.S. Grew Scarcely at All

Greenspan: Last 5 Years U.S. Grew Scarcely at All

Assessment

Interactive Video

Business

University

Hard

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The video discusses the challenges of achieving economic growth in the US, focusing on GDP growth, output per hour, and the impact of entitlements on domestic savings. It highlights the political sensitivity of addressing entitlement issues and the risks of leveraging and public debt. The video also examines inflationary pressures due to a tightening labor market and increased money supply.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the future of borrowing from abroad?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two forces mentioned that could lead to inflation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the current state of the labor market?

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