Donald Trump's 2020 Economic Plan

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Business, Social Studies
•
University
•
Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some of the measures President Trump plans to implement to get the economy back on track?
Create new jobs and small businesses
Increase tariffs on imports
Reduce government spending
Increase corporate tax rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant economic event occurred in March during President Trump's term?
The US indices reached an all-time high
The US indices erased all gains since the inauguration
The unemployment rate dropped to a record low
The US economy experienced a surplus
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By how much did the US GDP drop in July as a result of the coronavirus?
32.9%
10.2%
21%
50%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the impact of the 2017 tax cuts and JOBS Act?
Eliminated all trade deals
Reduced corporate tax rate to 21%
Increased individual tax rate
Increased corporate tax rate to 35%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge has the pandemic posed to US-China trade relations?
Reduced US exports to China
Led to a new trade agreement
Escalated tensions and cast doubt on the agreement
Strengthened the phase one trade agreement
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