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Jerome Powell Interview and Jan. 24 Inflation Quiz

Authored by Natalie Harmon

Other

12th Grade

Used 3+ times

Jerome Powell Interview and Jan. 24 Inflation Quiz
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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the current chair of the Federal Reserve?

Jerome Powell

Donald Trump

Joe Biden

Barack Obama

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many times did the Fed raise interest rates to cool the economy?

15 times

5 times

11 times

10 times

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current unemployment rate mentioned in the text?

2.7%

3.7%

4.7%

5.7%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Fed's ultimate goal for inflation?

4%

3%

2%

1%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long has inflation been falling steadily according to the text?

11 months

1 year

6 months

9 months

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current federal funds interest rate mentioned in the text?

6.5%

3.5%

4.5%

5.5%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected national debt 30 years from now?

$140 trillion

$120 trillion

$100 trillion

$160 trillion

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