CLEAN : Iceland booming but no crash in sight, central banker says

CLEAN : Iceland booming but no crash in sight, central banker says

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video discusses the current economic situation, focusing on tight monetary and fiscal policies. It highlights the stability of the financial system, with regulated FX risks and high capital levels. The growth observed is moderate, with concerns centered on the tight labor and housing markets. The tourist boom is a significant growth driver, leading to currency appreciation and pressure on other export industries.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the tourist boom affected economic growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do export industries face due to currency appreciation?

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