Last Day of Quiz Challenge: Did Stimulus Work?

Today’s quiz topic is the impact of government programs in boosting the economy and reducing hardship during the recession.

Here’s today’s quiz:

1. The Congressional Budget Office estimates that the nation’s Gross Domestic Product in the second quarter of 2010 was ____ it would have been without the Recovery Act.

   a. between 1.7 and 4.5 percent smaller than

   b. between 1.7 and 4.5 percent larger than

   c. 3.2 percent larger than

   d. the same as

2. CBO also estimates that without the Recovery Act, the unemployment rate in 2010 would have been ____ than it actually will be.

   a. 0.7 to 1.8 percentage points higher

   b. 0.7 to 1.8 percentage points lower

   c. 1 percentage point higher

   d. neither higher nor lower

3. Up to ____ jobs would have been lost next year if Congress had not extended fiscal aid to states in August.

   a. 300,000

   b. 500,000

   c. 900,000

   d. 1.2 million

4. The TANF Emergency Fund has helped create ____ subsidized private- and public-sector jobs.

   a. 50,000

   b. 100,000

   c. 200,000

   d. 250,000

5. The number of Americans receiving food stamps has grown by roughly ____ since the start of the recession.

   a. 3 million

   b. 7 million

   c. 10 million

   d. 13 million

Reminder: We’re posting a quiz every day this week on a key issue facing lawmakers this fall. We’ll post the answers each afternoon. If you keep score on your own and send an email to [email protected] at the end of the today with your score, we’ll send you one of our newly-designed Center on Budget T-shirts.