What mainly caused business closures and unemployment to rise?

Government restrictions & widespread fear

What was the main causes for inflation spikes?

Pent-up demand & disruption of supply chains

What industries were hurt the most?

Hospitality, travel, retail, and entertainment

Which one is NOT a main long term effect from the Covid-19 pandemic?

Closure of all global supply chains

What happened to the stock market over the course of the pandemic?

Panic sell off then rapid recovery

What happened to corporate debt?

It hit an all time high ($10.5 Trillion)

What industries benefited?

Tech, e-commerce, home fitness, and delivery services

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FIN 122 COVID IMPACT QUIZ

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Questions 12

Answers

1
What were the mortgage rates, and what happened because of them?
Rose above 3% and caused a boom
Stayed at 3%
Fell below 3% & caused a boom
Fell bellow 3% & caused a crash
2
How were personal investing and saving affected?
It hit a low at -33%
It stayed the same
It increased by 30%
It peaked at 33%
3
What mainly caused business closures and unemployment to rise?
A competitive market
Taxes
Tariffs
Government restrictions & widespread fear
4
What was the initial impact on trade, supply chain productivity, travel frequency, and the stock market values?
Some decreased while others increased
They all stayed the same
They all saw a decrease
They all saw an increase
5
What was the main causes for inflation spikes?
Pent-up demand & disruption of supply chains
Stock market crash
Low demand and taxes
Tariffs
6
What industries were hurt the most?
Tech, e-commerce, home fitness, and delivery services
Health Industry
Hospitality, travel, retail, and entertainment
Ag Industry
7
Which one is NOT a main long term effect from the Covid-19 pandemic?
Reassessment of global supply chains
Shift to digital economy
Structural changes in labor market
Closure of all global supply chains
8
What happened to the stock market over the course of the pandemic?
Panic buying then rapid recovery
Panic sell off then slow recovery
Nothing
Panic sell off then rapid recovery
9
What happened to corporate debt?
It was payed off
It saw a slight increase
It was stagnant
It hit an all time high ($10.5 Trillion)
10
What industries benefited?
Tech, e-commerce, home fitness, and delivery services
Hospitality, travel, retail, and entertainment
Ag Industry
Mining industry
11
When and where did the virus originate?
2019; Wuhan, China
2018; Fresno, California
2019; Beijing, China
1919; Wuhan, China
12
What was NOT one of the Government’s responses?
Reduced unemployment benefits
Provided Stimulus checks
Paycheck protection programs for small businesses
Fed reserve cut rates and bought bonds

FIN 122 COVID IMPACT QUIZ Flashcards | StudBud