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Federal Reserve and Economic Insights Quiz

Federal Reserve and Economic Insights Quiz

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Jennifer Brown

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the market's reaction to the Federal Reserve's decision to pause rate hikes?

The market was confused.

The market responded positively.

The market remained unchanged.

The market declined sharply.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the U.S. GDP grow in the third quarter of 2023?

2.5%

3.7%

4.9%

5.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the CPI rate for the 12 months ending in September 2023?

2.0%

3.7%

5.0%

4.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason the wage-price spiral is not currently a concern?

Wage growth has slowed to pre-pandemic levels.

Inflation has spiked.

Job vacancies have increased.

Wage growth has accelerated.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many jobs were added in the U.S. in September?

500,000

336,000

150,000

200,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current mortgage rate for a 30-year fixed mortgage?

9.0%

8.0%

7.5%

6.5%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend is observed in the housing market despite high mortgage rates?

Median sales prices are decreasing.

Median sales prices are increasing.

Housing starts are declining.

Existing home sales are rising.

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