Why did Brazil's GDP decrease drastically in 2020
Covid 19 (Pandemic)
What does CPI measure?
The cost of a basket of consumer goods over time.
Did Brazil’s overall unemployment trend increase or decrease from 2021 to 2025?
Decrease
Did Brazil's GDP increase or decrease from 2020 to 2025
Increase
Between 2021 and 2025, is the inflation rate decreasing, increasing, or fluctuating?
Fluctuating
Was Brazil’s unemployment rate higher in 2020 or 2024?
in 2020
How might a decrease in consumer spending affect Brazil’s GDP growth in the future?
It would likely slow GDP growth
If inflation rises unexpectedly, what should Brazil’s central bank do?
Raise interest rates moderately.
A rise in unemployment in Brazil is sometimes due to what reason?
Structural changes (skills gap or technological changes)
Brazil’s GDP slightly decreased from 2023 to 2024. What is one likely reason for this slowdown?
Tighter monetary policy aimed at controlling inflation
As CPI rises, what is one strategy Brazil can use to protect/ help low-income households?
Provide assistance like subsidies, food/transport support, or wage changes)
What unemployment-reduction strategy is most effective for Brazil’s labor market?
Expand vocational training
To boost long-term GDP without relying on natural resources, which strategy should Brazil adopt?
Invest in technology, innovation, and productivity.
What does a rising CPI indicate about the cost of living in Brazil?
That the cost of living is increasing.
If unemployment starts rising in 2025, which sector should Brazil support for the fastest job recovery?
The service sector and small businesses.