Question:
“It is well known that the world isn’t the same anymore — politically, economically or, for that matter, financially. Macroeconomic settings have turned adverse — from ultra-low to higher-for-longer interest rates — and raised the levels of debt, especially public debt, uncertainties, and volatility. It follows that these conditions will bear upon future growth. The breaking up of trade supply chains and their reshaping, for example, will be costly for the world in general, according to calculations, and costlier for the emerging and the developing countries.”
Which of the following assumption is made in the above passage?
“It is well known that the world isn’t the same anymore — politically, economically or, for that matter, financially. Macroeconomic settings have turned adverse — from ultra-low to higher-for-longer interest rates — and raised the levels of debt, especially public debt, uncertainties, and volatility. It follows that these conditions will bear upon future growth. The breaking up of trade supply chains and their reshaping, for example, will be costly for the world in general, according to calculations, and costlier for the emerging and the developing countries.”
Which of the following assumption is made in the above passage?
Which of the following assumption is made in the above passage?
Updated On: Aug 4, 2024
- Economic events in one part of the world always shape other parts of the world.
- When macroeconomic settings turn adverse, future growth gets impacted.
- Both (a) and (b)
- Neither (a) nor (b)
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The Correct Option is B
Solution and Explanation
The correct option is (B): When macroeconomic settings turn adverse, future growth gets impacted.
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