Chapter 16

Economics

Test your knowledge

Chapter 16: Economics Quiz

Test your knowledge of the economics chapter material!

1 / 10

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

2 / 10

True or false: The terms “deficit” and “debt” are interchangeable.

3 / 10

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

4 / 10

True or false: You need to specify if figures are nominal or real in your reporting.

5 / 10

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

6 / 10

What is the key measurement of the size of an economy?

7 / 10

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

8 / 10

True or false: Inflation is measured by the Consumer Price Index.

9 / 10

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

10 / 10

The government’s use of taxation and spending activities to influence the economy is called:

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