Economist Stiglitz on Covid-19 Impact on Jobs, Government Stimulus, Supply and Demand

Economist Stiglitz on Covid-19 Impact on Jobs, Government Stimulus, Supply and Demand

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses the long-term economic impacts of the pandemic, featuring insights from experts like Joseph Stiglitz. Key topics include structural changes in demand, supply chain adjustments, and the role of government in economic recovery. The discussion also covers the potential for increased market power among surviving companies and the challenges of onshoring jobs. Additionally, the video explores Argentina's debt restructuring and its implications for global economies.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Stiglitz say about the interdependence of economies in relation to consumer preferences?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Stiglitz view the relationship between competition and market power in the current economic landscape?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does Stiglitz believe the government should play in shaping the future economy?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected unemployment rate in the coming months as discussed in the conversation?

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