MLIV Pulse: Do you see evidence of a wage-price spiral?

MLIV Pulse: Do you see evidence of a wage-price spiral?

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by companies due to the wage price spiral in the UK. It highlights the central banks' efforts to manage wage growth to meet inflation targets, emphasizing the need for lower wage growth to prevent persistent inflation. Despite signs of slowing wage growth, the tight labor market poses challenges in achieving consistent 2% inflation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do central banks face regarding wage growth and inflation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Fed's target for wage growth, and why is it significant?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of a wage price spiral on inflation.

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What signs of wage growth slowing are mentioned, and what might this indicate?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the current labor market affect wage growth according to the text?

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