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Macro Trends
A short quiz related to my talk on Macro Trends
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Which statement/s is true?
2 punti
Global growth has remained reasonably consistent during the Covid-19 pandemic
Global growth recovered in 2021 and an even higher growth rate occurred in 2022
Global growth was weaker in 2023 than 2022
Global growth is expected to be much stronger in 2024 than 2023
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Which downturn was deeper?
1 punto
The 2008 financial crisis
Covid-19
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Which of the following international organisations did I NOT share global growth forecasts from?
1 punto
The EU
IMF
OECD
The World Bank
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What, traditionally, is the focus of each type of policy?
4 punti
Monetary
Fiscal
Control inflation
Manage public debt
Monetary
Fiscal
Control inflation
Manage public debt
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When was inflation highest for most major economies?
2 punti
Early 2021
Mid 2022
Late 2023
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Which of the following are plausible contributors to recently high inflation rates?
2 punti
Extra QE conducted by central banks
Increased productivity improvements due to technological innovation
Higher energy costs due to Russia's invasion of Ukraine
Higher tax rates due to increasing public debt
Which statement sums up my view on UK government debt?
2 punti
It's nothing at all to worry about
It's manageable for now but that could change
It's a large and rising problem
There's a legitimate threat of impending default
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Which case did I claim was the best example of fiscal dominance?
2 punti
USA
UK
Iceland
Turkey
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Which economic area was NOT mentioned as an example of fiscal dominance?
2 punti
European Union
Japan
United Kingdom
United States
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What is Y*?
2 punti
The nominal growth rate of the economy
The real growth rate of the economy
The potential growth rate of the economy
The historic growth rate of the economy
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