Chapter 16

Chapter 16: Economics Quiz

Test your knowledge of the economics chapter material!

1 / 10

What is a matcher story?

When you write an update on a story you previously ran

All of these

When you provide a local angle to a national story

When you run a story another publication already ran

2 / 10

Which of the following is something you might want to ask a statistician?

All of these

How good are the government data?

Should the government collect other data?

What trends do they see from the data?

3 / 10

The government’s use of interest rates or availability of credit to influence the economy is called:

Fiscal policy

Seasonal adjustment

Monetary policy

Quantitative easing

4 / 10

True or false: The Consumer Price Index (CPI) data is available by state.

False

True

5 / 10

Who could you speak with for an expert comment on new economic statistics?

Politicians

All of these

Economists

Consumer groups

6 / 10

What does a basis point represent?

1/100 of a percentage point

A percent

A percentage point

A starting point

7 / 10

Which of the following is a resource that includes definitions of economic and financial terms?

All of these

Investopedia.org

Business Beats Basics ebook

The Financial Writer’s Stylebook

8 / 10

What do you call the money that banks hold as cash in their vaults or as deposits with the Fed?

9 / 10

True or false: You should only report what press releases and experts say when it comes to statistics and trends.

True

False

10 / 10

Who is included in unemployment rate calculations?

All of these

Retirees

Workers who do not have a job but are looking for one

Students who do not have a job

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