
Understanding Economic Challenges and Solutions

Interactive Video
•
Business, Social Studies
•
10th - 12th Grade
•
Hard

Amelia Wright
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant event regarding the U.S. credit rating is mentioned in the introduction?
The credit rating remained unchanged.
The credit rating was downgraded for the second time.
The credit rating was downgraded for the first time.
The credit rating was upgraded.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the video illustrate the difference between a million and a billion?
By comparing them to the number of stars in the sky.
By using the analogy of seconds, with a million seconds being 12 days.
By using the analogy of minutes, with a million minutes being 12 days.
By comparing them to the number of grains of sand on a beach.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main argument against solely taxing the wealthy to solve the economic crisis?
It would lead to a surplus in the budget.
It would not generate enough revenue to cover all expenses.
It would be too easy to implement.
It would only affect a small portion of the population.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What hypothetical scenario is used to demonstrate the insufficiency of taxing corporations?
Taking all profits from local grocery stores.
Taking all profits from ExxonMobil and Walmart.
Taking all profits from tech startups.
Taking all profits from small businesses.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the proposed solution to the economic challenges discussed in the conclusion?
Relying solely on foreign aid.
A combination of raising revenues and cutting spending.
Only increasing taxes on the middle class.
Only cutting government spending.
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