iClicker Question of the Week #SOTU

shanifisher
Macmillan Employee
Macmillan Employee
1 0 1,254
‎02-05-2020 09:25 AM

Engage your students before you launch into your lecture with the #iclickerqoftheweek.  Our faculty advisor, Solina Lindahl (@SolinaLindahl), who teaches Principles of Economics at Cal Poly, SLO, shares questions related to the State of the Union address.  Let us know how you use these with your students! 

*The correct answer is noted in bold.

Topic: State of the Union Address

Economic Concept: Unemployment

 

 

  1. As the President reminded us in the State of the Union Address, U.S. unemployment is at record lows. Which type of unemployment is lowest (nonexistent)?

    1. Structural unemployment

    2. Frictional unemployment 

    3. Cyclical unemployment

    4. Seasonal unemployment

Topic: State of the Union Address

Economic Concept: Fiscal Policy and Deficit

  1. In the State of the Union address, the President mentioned NASA’s Artemis Project, aimed at getting “the next man and the first woman” U.S. astronauts on the moon by 2024.  The effect of increased government spending on projects like this alongside tax cuts like the 2017 Tax Cuts and Jobs Act (TCJA) will have which of the following effects (other things equal) in the U.S. in the near future?

    1. To expand the economy and shrink the deficit

    2. To expand the economy and the deficit

    3. To slow the economy and shrink the deficit

    4. To slow the economy and expand the deficit

Topic: State of the Union Address

Economic Concept: Trade 

  1. In the State of the Union address, the President spoke about the trade war with China and his ongoing efforts to combat its “massive of theft of America’s jobs” and argued that the strategy has worked.  If the trade barriers are targeted toward saving U.S. manufacturing jobs, what are the likely effects according to economists?
    1. Manufactured goods prices in the U.S. will fall but will rise in China
    2. Manufactured goods prices in the U.S. will rise but U.S. manufacturing workers will lose their jobs
    3. U.S. consumers face lower prices but U.S. manufacturing workers will lose their jobs
    4. U.S. consumers face higher prices but U.S. manufacturing workers are helped
Labels