Biden: Getting Inflation Under Control Is Top Priority

Biden: Getting Inflation Under Control Is Top Priority

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses economic challenges such as job growth and inflation, highlighting how the pandemic has impacted the economy and disrupted supply chains. It focuses on the automobile industry's inflation due to semiconductor shortages and proposes solutions to combat inflation by reducing costs rather than wages.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main factors contributing to the struggles families are facing with their bills?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the pandemic affect hiring and production in factories?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did the global supply chain play in the increase of prices?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the impact of semiconductor shortages on automobile prices?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative solution to fighting inflation is proposed in the text?

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OFF