Greenspan on Economic Effects of Covid, Aging Population

Greenspan on Economic Effects of Covid, Aging Population

Assessment

Interactive Video

Business, Health Sciences, Social Studies, Biology

University

Hard

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The video discusses the economic impact of COVID-19 and explores underlying issues such as the aging population and its effect on savings and investment. It highlights the challenges of declining productivity and economic growth, and debates the concept of secular stagnation with insights from Janet Yellen. The discussion emphasizes the need for policy changes to address these economic challenges.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the statement 'we don't talk about COVID-19' in the context of the economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text explain the concept of secular stagnation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential solutions mentioned in the text regarding Social Security and retirement age?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text indicate about the historical retirement age and its implications?

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