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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
True or false: You need to specify if figures are nominal or real in your reporting.
Read more on page 174.
3 / 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.
4 / 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.
5 / 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.
6 / 10
Who is included in unemployment rate calculations?
Answer can be found on page 175.
7 / 10
How do “real” and “nominal” figures relate to inflation?
8 / 10
The government’s use of taxation and spending activities to influence the economy is called:
9 / 10
Which of the following is a resource that includes definitions of economic and financial terms?
10 / 10
True or false: The terms “deficit” and “debt” are interchangeable.
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