Will the US have massive INFLATION?

Will the US have massive INFLATION?

Assessment

Interactive Video

Business

11th Grade - University

Hard

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FREE Resource

The video discusses the economic impact of the COVID-19 pandemic, focusing on the U.S. government's stimulus measures and their effects on the money supply. It explains how the Federal Reserve's actions have influenced inflation and the potential for future inflation. The video highlights the importance of public expectations and policy decisions in managing inflation, and outlines possible measures to control it, emphasizing the role of the Federal Reserve and Congress. The conclusion suggests that while inflation is expected to rise, it is unlikely to become uncontrolled if managed properly.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the primary reason for the government passing a massive stimulus bill during the COVID-19 pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the Federal Reserve mean by saying inflation will be 'transitory'?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the relationship between public expectations of inflation and actual inflation.

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of a self-fulfilling prophecy in the context of inflation and recession.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Federal Reserve's action of buying treasury bonds affect the money supply?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures can Congress take to combat inflation, and what challenges might they face?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences if the Federal Reserve takes action too soon in response to inflation?

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