Trivia Quiz: Economics Exam Practice Questions!
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- 1.What U.S. President legalized the home brewing of beer by signing an act of Congress in 1979?
- A.
Gerald Ford
- B.
George Bush
- C.
Ronald Reagan
- D.
Jimmy Carter
- 2.What product asked consumers to "Taste me, Taste me"?
- A.
Razzles
- B.
Equal
- C.
Doral
- D.
Twinkies
- 3.What did the "lemon campaign" advertise in the '60s?
- A.
Citrus Growers Association
- B.
Ford Motor Company
- C.
United Fruit Company
- D.
Volkswagen
- 4.Who was on the U.S. dollar coin first minted in 1979?
- A.
Marie Curie
- B.
George Washington
- C.
Harriet Tubman
- D.
Susan B. Anthony
- 5.Which financial institute uses the cartoon "Peanuts" in their advertisements?
- A.
Dean Witter
- B.
Lincoln Investments
- C.
MetLife
- D.
Mass Mutual
- 6.Who was the founder of Wendy's restaurant chain?
- A.
John H. Schnatter
- B.
Wick Simmons
- C.
Dave Thomas
- D.
Ray Kroc
- 7.What did Ted Turner establish in 1980?
- A.
NBA's Atlanta Hawks
- B.
Cable News Network (CNN)
- C.
America Online
- D.
MGM Studios
- 8.Which President's picture would you find on the U.S. dollar bill?
- A.
George Washington
- B.
John Adams
- C.
Thomas Jefferson
- D.
Abraham Lincoln
- 9.Which is not considered to be goods that people may buy?
- A.
Groceries
- B.
Toys
- C.
Clothes
- D.
Cutting The Grass
- 10.Which is not considered a service?
- A.
Trash Pickup
- B.
Painting The House
- C.
Dental Work
- D.
Milk And Eggs
- 11.In the United States, one way to become an accredited investor is to have a net worth above what amount?
- A.
250000
- B.
1500000
- C.
500000
- D.
1000000
- 12.At what time does the New York Stock Exchange open each day?
- A.
10:30 AM
- B.
10:00 AM
- C.
9:30 AM
- D.
9:00 AM
- 13.Bridge loans are commonly issued in what situation?
- A.
The Borrower Is On The Brink Of Foreclosure.
- B.
The Borrower Intends To Stay In Their Current Home.
- C.
The Borrower Is Buying Their First Home.
- D.
The Borrower Has An Unsold Home On The Market.
- 14.What is the term for a day trader who is not affiliated with a major financial institution?
- A.
Retail Day Trader
- B.
Freelance Day Trader
- C.
Solo Day Trader
- D.
Ronin Day Trader
- 15.What does the "AR" stand for in an ARM?
- A.
Annual Rate
- B.
Adjustable Rate
- C.
Arbitrary Rate
- D.
Accepted Rate
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