Ben Bernanke 60 Minutes
As you watch the interview, record content and your opinion.
This assignment is worth 10 points.
What was the unemployment rate when the interview aired? What was it at the end of February
What did the Federal Reserve Bank and Bernanke do during the panic of 2008?
What does Bernanke think is a major concern regarding unemployment?
How many years does Chairman Bernanke think it will take to return to a "normal unemployment rate" based on the current rate?
What does Bernanke think is the key problem with people unemployed for 6 months or more?
Their skills erode
They gain weight
They play too much Fortnite
They play too much World of Warcraft
What does Bernanke want banks to do regarding loans and risk?
What does Bernanke think of the risk of inflation?
High risk of inflation
Moderate risk of inflation
Pretty low risk of inflation
What does Bernanke think of the "fear of inflation"?
Is the FED printing more money?
The FED is lowering interest rates by buying treasury securities. Why?
To slow the risk of inflation
To stimulate the economy to grow faster
to motivate future workers that are currently in high school
What rate of growth does Bernanke think is important to just sustain unemployment?
The growth rate is a reference to Real GDP
Growth rate of 1%
Growth rate of 2.5%
Growth rate of 4%
What are some of Bernanke's concerns regarding the budget deficit?
Concentrate on his concerns for the future.
What is Bernanke's view of the tax code?
Check all that apply.
Its inefficient (see, others talk like that)
Should create more incentives to invest
How does Bernanke view the economy today IF they would have let 12 or 15 firms fail?
What are some of Bernanke's issues with the difference in unemployment rates for college grads vs. HS grads?
How does it impact society?
What does Bernanke think of the long term?
Check all that apply
We have an excellent record of innovation
We have great universities
We have an entrepreneurial culture
We have some difficult challenges over the next few years.
What is your opinion of the comments from Bernanke?
What are some of the difficulties of the job of Fed Chair?
What challenges does Jerome Powell face in the immediate future as Fed Chair?
Send me a copy of my responses.
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