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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 points
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
Clear selection
Which downturn was deeper?
1 point
The 2008 financial crisis
Covid-19
Clear selection
Which of the following international organisations did I NOT share global growth forecasts from?
1 point
The EU
IMF
OECD
The World Bank
Clear selection
What, traditionally, is the focus of each type of policy?
4 points
Monetary
Fiscal
Control inflation
Manage public debt
Monetary
Fiscal
Control inflation
Manage public debt
Clear selection
When was inflation highest for most major economies?
2 points
Early 2021
Mid 2022
Late 2023
Clear selection
Which of the following are plausible contributors to recently high inflation rates?
2 points
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 points
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
Clear selection
Which case did I claim was the best example of fiscal dominance?
2 points
USA
UK
Iceland
Turkey
Clear selection
Which economic area was NOT mentioned as an example of fiscal dominance?
2 points
European Union
Japan
United Kingdom
United States
Clear selection
What is Y*?
2 points
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
Clear selection
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