Chapter 16

Economics

Test your knowledge

Chapter 16: Economics Quiz

Test your knowledge of the economics chapter material!

1 / 10

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

2 / 10

True or false: You must have formal economics training to cover the economics beat properly.

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

5 / 10

How do “real” and “nominal” figures relate to inflation?

6 / 10

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

7 / 10

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

8 / 10

What does a basis point represent?

9 / 10

The Fed regularly publishes a book reviewing economic conditions across the country. What is this book known as?

10 / 10

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

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