Biden's Focus on Corporate Taxes Is Pro-Growth, El-Erian Says

Biden's Focus on Corporate Taxes Is Pro-Growth, El-Erian Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses a shift from demand to supply-side strategies to enhance economic growth, focusing on productivity through housing and infrastructure. It highlights the impact of corporate taxes on growth, noting that tax cuts often lead to buybacks rather than increased investment. The role of well-designed infrastructure in boosting productivity is emphasized. The video also explores inflation risks, identifying three elements: base effects, cyclical mistiming, and cost-push factors, with the latter posing significant market disruption risks.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the main focus of the spending plan discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the impact of corporate taxes on economic growth?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the observed effects of tax cuts on investment according to the speaker?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does infrastructure play in enhancing productivity according to the speaker?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three elements contributing to the inflation surge mentioned in the text?

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