@bizjournalism
Two Minute Tips
Chapter 16: Economics Quiz
Test your knowledge of the economics chapter material!
1 / 10
True or false: Data on international trade can have strong local angles.
Read more on page 173.
Correct! The local angles may not be obvious at first, but get out and talk to local businesses, consumers, and experts.
2 / 10
Who is included in unemployment rate calculations?
Answer can be found on page 175.
Correct!
3 / 10
True or false: You should only report what press releases and experts say when it comes to statistics and trends.
If you keep track of the numbers, you can compare figures from previous years and look for trends that may not be otherwise reported. Read more on page 171.
Correct! If you keep track of the numbers, you can compare figures from previous years and look for trends that may not be otherwise reported.
4 / 10
What does a basis point represent?
Answer can be found on page 174.
Correct! For example, 100 basis points would equal 1%.
5 / 10
What do you call the money that banks hold as cash in their vaults or as deposits with the Fed?
6 / 10
The government’s use of interest rates or availability of credit to influence the economy is called:
7 / 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.
8 / 10
True or false: The terms “deficit” and “debt” are interchangeable.
Read more on page 174.
9 / 10
What is a matcher story?
Answer can be found on page 172.
10 / 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.
Your score is
The average score is 0%
Restart quiz
Get Two Minute Tips For Business Journalism Delivered To Your Email Every Tuesday
Every Tuesday we send out a quick-read email with tips for business journalism. Sign up now and get one Tuesday.
