2024 Economic Outlook Quiz
Authored by Lora Yorch
Social Studies
6th Grade
Used 1+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What was 2023 expected to be the year of, according to the discussion?
Year of growth
Year of resilience
Year of stability
Year of recession
2.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What are the possible actions the Federal Reserve might take regarding interest rates in 2024?
Increase rates only
Decrease rates only
Maintain or change rates based on economic conditions
Do not interfere with rates
3.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is expected to happen to the housing market in 2024?
Continued freezing
Slight improvement
Complete recovery
Significant decline
4.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Which sectors are expected to drive the stock market?
Education and services
Healthcare and pharmaceuticals
Technology and AI
Real estate and construction
5.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is the desired condition for the job market in 2024?
Rapid growth
Stable with slight cooling
Complete stagnation
Significant reduction in jobs
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The belief the government must manage the economy by spending more money when in a recession and cutting spending when there is inflation.
Demand-Side Economics (FDR)
Supply-Side Economics (Reagan)
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