@bizjournalism
Two Minute Tips
Main
About
Awards
Coverage Areas
Resources
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:
Answer can be found on page 175.
Correct!
2 / 10
The government’s use of taxation and spending activities to influence the economy is called:
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
Who could you speak with for an expert comment on new economic statistics?
Answer can be found on page 172.
5 / 10
What is a matcher story?
6 / 10
How do “real” and “nominal” figures relate to inflation?
7 / 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.
8 / 10
Who is included in unemployment rate calculations?
9 / 10
True or false: You need to specify if figures are nominal or real in your reporting.
Read more on page 174.
10 / 10
True or false: Inflation is measured by the Consumer Price Index.
Inflation is measured by percentage changes in the CPI over a specific period, not the CPI itself. Read more on page 174.
Correct! Inflation is measured by percentage changes in the CPI over a specific period, not the CPI itself.
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.
