White House Is Not Trying to Control Prices: CEA's Bernstein

White House Is Not Trying to Control Prices: CEA's Bernstein

Assessment

Interactive Video

Business, Architecture, Engineering, Life Skills

University

Hard

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The video discusses the impact of ethanol and oil prices on inflation, emphasizing the administration's efforts to realign supply and demand without controlling prices. It highlights the Federal Reserve's role in managing inflation through interest rate adjustments and explores various inflation forecasts, stressing the importance of easing price pressures on American households.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential outcomes of the current economic policies discussed?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the American Rescue Plan contribute to the labor market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the forecasts for inflation at the end of the year as mentioned in the text?

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