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Chapter 16: Economics Quiz
Test your knowledge of the economics chapter material!
1 / 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.
2 / 10
Who is included in unemployment rate calculations?
Answer can be found on page 175.
Correct!
3 / 10
The Fed regularly publishes a book reviewing economic conditions across the country. What is this book known as?
Answer can be found on page 172.
4 / 10
The government’s use of taxation and spending activities to influence the economy is called:
5 / 10
Who could you speak with for an expert comment on new economic statistics?
6 / 10
What does a basis point represent?
Answer can be found on page 174.
Correct! For example, 100 basis points would equal 1%.
7 / 10
Which of the following is a resource that includes definitions of economic and financial terms?
8 / 10
True or false: The terms “deficit” and “debt” are interchangeable.
Read more on page 174.
9 / 10
Which of the following is something you might want to ask a statistician?
Answer can be found on page 171.
10 / 10
True or false: If you’re a local economic reporter, you should ignore national economic indicators.
You can still find ways to see how these international or national trends impact your local area. Read more on page 172.
Correct! You can still find ways to see how these national trends relate to your local area.
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