Test Your Interest Rate Knowledge

Test Your Interest Rate Knowledge

 

  • Who is the chairman of the Federal Reserve?
      1. Hillary Clinton
      2. Madeleine Albright
      3. Janet Yellen
      4. Barack Obama
  • The Federal Reserve fights off inflation by:
      1. Raising interest rates
      2. Lowering interest rates
      3. Asking consumers to spend less
      4. Adding more national holidays
  • “GDP” stands for:
    1. Goods domestically produced
    2. Gross domestic product
    3. General debt price
    4. Government defense profits

(Answers: c, a, b)