Economy and Inflation Quiz

What is the current unemployment rate in the United States?

• Exactly 4%

• Above 4%

• Unknown

• Below 4%

What is the recent trend in inflation?

• Unknown

• Stable

• Decreasing

• Increasing

How do most Americans describe the economy?

• Unknown

• Average

• Poor

• Good

What is the main challenge for President Joe Biden in relation to the economy?

• High inflation

• Low unemployment

• Negative public opinion

• Unknown

What is the goal for wages in relation to prices?

• Wages should rise faster than prices

• Wages should decrease

• Wages should rise at the same rate as prices

• Unknown

What is the main reason for the disconnect between the positive economic indicators and public opinion?

• Political partisanship

• Lack of government support

• High inflation

• Unknown

What are some of the goods and services that have experienced significant price increases?

• Electronics and appliances

• Clothing and accessories

• Unknown

• Groceries and apartment rents

What percentage of Americans say they are 'very stressed' by inflation?

• Unknown

• Around 50%

• Around 75%

• Less than 25%

What is the average price of a gallon of milk in October 2021?

• $3.00

• $3.50

• $2.50

• Unknown

What is the main concern for people regarding inflation?

• Increase in prices of essential items

• Decrease in overall purchasing power

• Loss of jobs

• Unknown