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.   credit cards
C.   credit cards and car loans could be affected.
D.   mortgage and credit cards could be affected.
E.   car loans and credit cards could be affected.
Question #2
When does the Federal Reserve decide to raise interest rates?
A.   when the economy is getting weaker
B.   when the economy is getting stronger
C.   during a deficit
D.   during periods of high unemployment
Question #3
What is the role of the Federal Reserve?
A.   It prints currency and sells government bonds.
B.   It implements spending to control the national debt.
C.   It sets tax rates.
D.   It serves as the central bank of the United States and provides stability.

Need help with your exam preparation?

Existing Quiz Clients Login here