Federal Reserve and Economic Insights Quiz

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.

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

• 2.5%

• 3.7%

• 4.9%

• 5.5%

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

• 2.0%

• 3.7%

• 5.0%

• 4.5%

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.

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

• 500,000

• 336,000

• 150,000

• 200,000

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

• 9.0%

• 8.0%

• 7.5%

• 6.5%

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.

What is a key reason investors might choose treasuries over stocks?

• Safer returns in treasuries.

• Lower returns in treasuries.

• Volatility in treasuries.

• Higher risk in treasuries.

What is one of the practical tips for preparing for 2024?

• Invest short-term.

• Ignore market volatility.

• Maintain an emergency fund.

• Increase high-interest debt.

What is the long-term annualized return of the S&P 500 with dividends reinvested?

• 7.84%

• 6.5%

• 5.46%

• 8.5%