The Federal Reserve Bank of San Francisco
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Economics Challenge: Sample Questions and Answers

Note: We have changed the Economics Challenge from previous years. At each regional competition, each team member on the winning teams from Level I and Level II will win $1,000 savings bonds, but team members no longer will automatically win trips to San Francisco. After each regional competition, the Federal Reserve Bank of San Francisco will compare team scores from each region and determine the one overall winning team from Level I and the one overall winning team from Level II. These two teams will win all-expense-paid trips to San Francisco.