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Test Your Investment IQ

The five questions below are a challenge and an effort to allow you to assess your knowledge of current financial economic conditions. If you have been following our news stream, this quiz draws on familiar ground. The answers are below, along with additional resources and documentation related to the answers.

  1. The Federal Reserve
    1. meets monthly
    2. Chair is Ben Bernanke
    3. is not part of the U.S. Government
    4. all of the above
    5. none of the above

  2. The U.S. national debt:
    1. is about as large as the total U.S. gross domestic product (GDP)
    2. is projected to double as a percentage of annual GDP in 2053
    3. is a risk the U.S. could manage by increasing taxes
    4. all of the above
    5. none of the above

  3. Under existing Federal law, the estate tax exemption:
    1. will be slashed from $12.92 million to $6.2 million after 2025
    2. reverts to the exemption amount allowed in 2016
    3. sunsets rules in the 2017 Tax Cuts & Jobs Act
    4. all of the above
    5. none of the above

  4. What’s true?
    1. For every job seeker, there are more than 1.5 job openings
    2. The yield curve has signaled a recession since December 2022
    3. The U.S. index of Leading Economic Indicators has declined for over 14 consecutive months
    4. all of the above
    5. none of the above

  5. What’s true?
    1. Jobs with a high level of exposure to AI tend to be in lower-paying fields where a college education and analytical skills don’t matter
    2. In early 2021, 7% of U.S. adults said they use Twitter.
    3. 92% of Black adults in the U.S. say they do not have enough income to lead the kind of life they want
    4. All of the above
    5. None of the above

Answers:

1. e
2. d
3. c
4. d
5. e*


* Sources: Sources for answers to questions 1-4: Advisors4Advisors; U.S. Federal Reserve data; source of answers to question 5 is the Pew Research Center.
Jobs with a high level of exposure to AI tend to be in higher-paying fields where a college education and analytical skills can be a plus
In early 2021, 23% of U.S. adults said they use Twitter.
68% of Black adults in the U.S. say they do not have enough income to lead the kind of life they want, but a majority are optimistic that they will one day

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The material represents an assessment of financial, economic and tax law at a specific point in time and is not intended to be a forecast of future events or a guarantee of future results. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. It is not guaranteed as to accuracy, does not purport to be complete, and is not intended to be used as a primary basis for investment decisions.
This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.



This article was written by a professional financial journalist for Foresight Investment Advisors, LLC. Information contained in articles is believed to be reliable and is not intended as legal or investment advice.

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