Page Says Government Shutdown Might Impact Confidence

Page Says Government Shutdown Might Impact Confidence

Assessment

Interactive Video

Created by

Quizizz Content

Business, Social Studies

University

Hard

The video discusses the impact of government shutdowns on the economy, focusing on historical examples like the 1995-96 shutdowns and their economic effects. It compares political responses under different presidents, such as Bill Clinton and Donald Trump, and examines the current shutdown's potential economic impact, including unemployment and market effects. The discussion also touches on the debt ceiling and its implications for future economic stability.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the estimated cost of the 1995-96 government shutdowns when adjusted for inflation?

$4.0 billion

$1.4 billion

$2.3 billion

$3.5 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Bill Clinton's governance change after the 1995-96 shutdown?

He moved to the center

He moved to the left

He resigned from office

He became more conservative

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of a prolonged government shutdown on unemployment rates?

Decrease by 0.1%

Decrease by 0.5%

Remain unchanged

Increase by 0.2% to 0.3%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Gephardt rule related to?

Automatic budget approval

Automatic debt ceiling raise

Automatic tax cuts

Automatic government shutdown

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of a prolonged shutdown on economic confidence?

It might decrease confidence

It will boost confidence

It will stabilize confidence

It will have no impact

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the factors that might make debt ceiling negotiations harder?

Decreased government spending

Partisan politics

Increased bipartisan cooperation

Economic growth

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a suggested strategy for managing financial risks during a government shutdown?

Invest heavily in foreign markets

Sell all government bonds

Maintain a neutral balance between risk and safe assets

Increase investment in risk assets