Which monthly BEA measure is personal income after taxes adjusted for inflation?
Answer
Real disposable personal income
80 Economic Indicators Trivia Questions with Answers
80 public questions with answers, drawn from the well. How many can you answer?
Which price index is used to convert nominal GDP to real GDP?
Answer
GDP deflator
Which inflation index is the Federal Reserve's preferred measure for its 2% target?
Answer
Personal consumption expenditures (PCE) price index
Which monthly Census report measures the number of newly constructed homes sold?
Answer
New home sales
What percentage of total production capacity is being used, reported monthly by the Federal Reserve?
Answer
Capacity utilization rate
What percentage of the civilian noninstitutional population is either working or actively looking for work?
Answer
Labor force participation rate
Which Federal Reserve index measures the real output of U.S. manufacturing, mining, and utilities?
Answer
Industrial Production Index
Which monthly index from the Conference Board measures U.S. consumers' confidence in the economy?
Answer
Consumer Confidence Index (CCI)
What is the term for the unemployment rate that exists when the economy is at full employment, including frictional and structural factors?
Answer
Natural rate of unemployment
What is the name of the survey-based indicator that measures the economic health of the manufacturing sector in the United States?
Answer
Purchasing Managers' Index
Which coefficient is commonly used to measure income or wealth inequality within a country?
Answer
Gini coefficient
What is the name of the interest rate that U.S. banks charge each other for overnight loans of reserves?
Answer
Federal funds rate
Which U.S. government agency is the principal source of labor market statistics, including the unemployment rate?
Answer
Bureau of Labor Statistics
What does the abbreviation PPP stand for when comparing the relative value of currencies?
Answer
Purchasing Power Parity
Which central bank in the United States is responsible for conducting monetary policy?
Answer
Federal Reserve
What is the name for the percentage of the labor force that is jobless and actively seeking work?
Answer
Unemployment rate
What does the abbreviation GDP stand for in economics?
Answer
Gross Domestic Product