Political Science 101- Introduction to American Politics » Spring 2021 » Chapter 16 Video Quiz

Need help with your exam preparation?

Existing Quiz Clients Login here
Question #1
Watch the news clip to answer the following questions. https://stg-util.wwnorton.com/jwplayer2/iframe.html?playerid=vid1544564009446&playertype=video&skin=default&aspectratio=16:9&stretching=uniform&file=s3.amazonaws.com/wwnorton.college.public/Political_Science/AmGov_Videos/2019/EconomicPolicy.mp4&seekTime=0&videoimg=s3.amazonaws.com/wwnorton.college.public/Political_Science/AmGov_Videos/2019/EconomicPolicy.jpg&showCC=1&videocaption=s3.amazonaws.com/wwnorton.college.public/Political_Science/AmGov_Videos/2019/EconomicPolicy.vtt (Links to an external site.) Or click here to watch the video at ABC News. https://abcnews.go.com/WNT/video/interest-rates-rising-economy-booms-55877667 (Links to an external site.) Which of the following could be affected by the rise in interest rates?
A.   car loans, mortgage and credit cards could be affected.
B.   mortgage and credit cards could be affected.
C.   credit cards
D.   car loans and credit cards could be affected.
E.   credit cards and car loans could be affected.
Question #2
When does the Federal Reserve decide to raise interest rates?
A.   during periods of high unemployment
B.   when the economy is getting stronger
C.   when the economy is getting weaker
D.   during a deficit
Question #3
What is the role of the Federal Reserve?
A.   It serves as the central bank of the United States and provides stability.
B.   It sets tax rates.
C.   It implements spending to control the national debt.
D.   It prints currency and sells government bonds.

Need help with your exam preparation?

Existing Quiz Clients Login here