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

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

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