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Two Minute Tips
Chapter 16: Economics Quiz
Test your knowledge of the economics chapter material!
1 / 10
Which of the following is something you might want to ask a statistician?
Answer can be found on page 171.
Correct!
2 / 10
How do “real” and “nominal” figures relate to inflation?
Answer can be found on page 175.
3 / 10
True or false: The Consumer Price Index (CPI) data is available by state.
A lot of the national data is also prepared by state governments at the state level. Read more on page 172.
Correct! A lot of the national data is also prepared by state governments at the state level.
4 / 10
What is the key measurement of the size of an economy?
Answer can be found on page 170.
5 / 10
What is a matcher story?
Answer can be found on page 172.
6 / 10
The government’s use of interest rates or availability of credit to influence the economy is called:
7 / 10
True or false: You need to specify if figures are nominal or real in your reporting.
Read more on page 174.
8 / 10
Which of the following is a resource that includes definitions of economic and financial terms?
9 / 10
True or false: You must have formal economics training to cover the economics beat properly.
Reporters who don’t have formal economics training can still do a great job covering the economics beat. Read more on page 170.
Correct! Reporters who don’t have formal economics training can still do a great job covering the economics beat.
10 / 10
What do you call the money that banks hold as cash in their vaults or as deposits with the Fed?
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