Using CSS in Posts

Oh man! My instructor wants me to test out my css knowledge INSIDE of a WordPress post. How cool is that?! =)

Chapter 11 of our text is all about color.
Can you recreate this paragraph?

What about this paragraph?

Okay, now it’s your turn.
Go back to the module page and read through your assignment.
Now go to your own blog and create your colorful response.
Do you know what using css in this fashion is called?
Include the answer in your post for an extra point.