Deep Dive: Chinese GDP, Growing or Leveling?

Deep Dive: Chinese GDP, Growing or Leveling?

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

FREE Resource

The video tutorial discusses various economic indicators related to China's GDP, focusing on the GDP deflator, real and nominal GDP, and commodity prices. It highlights the rise in inflation and its impact on China's debt. The tutorial also addresses skepticism regarding the smoothness of real GDP data and compares it with the Li Keqiang Index, which measures real economic activities. The discussion suggests that official GDP figures might be understated, and the Li Keqiang Index provides a noisier but potentially more accurate picture of the economy.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the GDP deflator measure in the economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the GDP deflator change from the third quarter to the fourth quarter?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the latest figures for real GDP and nominal GDP in China?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the comparison between the blue line and the Li Keqiang index have on the perception of China's GDP?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Li Keqiang index and what does it measure?

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