Trivia Quiz: Economics Exam Practice Questions!

15 Questions | Total Attempts: 286

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Economics Quizzes & Trivia

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Questions and Answers
  • 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