Lower Oil Prices: Will People Feel Better About Economy?

Lower Oil Prices: Will People Feel Better About Economy?

Assessment

Interactive Video

Business, Architecture, Social Studies, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic outlook, focusing on unemployment trends and job market indicators. It highlights the impact of declining oil prices on the economy, consumer spending, and the energy sector. The discussion also covers challenges in energy investments and the potential actions of the Federal Reserve amidst market uncertainties. Finally, it addresses inflation and economic growth indicators, emphasizing the importance of earnings and revenue growth.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for unemployment according to the first section?

Unemployment is expected to fall.

Unemployment is expected to remain stable.

Unemployment is expected to fluctuate.

Unemployment is expected to rise.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might falling oil prices affect consumer behavior?

Consumers might reduce their spending.

Consumers might invest in oil stocks.

Consumers might spend more money.

Consumers might save more money.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of lower oil prices on the energy sector?

No impact on investment in drilling.

Stable investment in drilling.

Decreased investment in drilling.

Increased investment in drilling.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the Federal Reserve expected to take action according to the discussion?

In 2017, between the 2nd and 3rd quarter.

In 2015, between the 2nd and 3rd quarter.

In 2014, between the 2nd and 3rd quarter.

In 2016, between the 2nd and 3rd quarter.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market's concern regarding the Federal Reserve's decision-making?

The Federal Reserve will increase interest rates immediately.

The Federal Reserve will decrease interest rates.

The Federal Reserve will not change interest rates.

The exact criteria for decision-making are unclear.