World Economy! Trivia Questions Quiz

15 Questions | By Thames | Updated: Mar 19, 2022 | Attempts: 222

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World Economy! Trivia Questions Quiz - Quiz

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1.

For people born before 1937, what is the earliest age you can start receiving Social Security benefits?
- A.
  
  64
- B.
  
  65
- C.
  
  62
- D.
  
  63
2.

What European country's debt was downgraded to junk bond status in 2010, causing a financial panic?
- A.
  
  Slovenia
- B.
  
  Croatia
- C.
  
  Greece
- D.
  
  Iceland
3.

What is it called when a stock increases in price and decreases in the number of shares outstanding?
- A.
  
  Inverted Split
- B.
  
  Stock Split
- C.
  
  Double Split
- D.
  
  Reverse Split
4.

If you would enjoy a cookie that costs $4 more than a cookie that costs $1, then the $4 cookie has a greater...
- A.
  
  Utility
- B.
  
  Elasticity
- C.
  
  Value
- D.
  
  Externality
5.

What type of war bond was sold by the United States during World War I?
- A.
  
  Victory Bonds
- B.
  
  Patriot Bonds
- C.
  
  Freedom Bonds
- D.
  
  Liberty Bonds
6.

When dealing with U.S. government loans, what do the letters VA usually stand for?
- A.
  
  Value Added
- B.
  
  Variable Annuity
- C.
  
  Veteran's Administration
- D.
  
  Validation Authority
7.

The world's oldest futures and options exchange is located in what U.S. city?
- A.
  
  Boston
- B.
  
  Philadelphia
- C.
  
  New York
- D.
  
  Chicago
8.

In what year did the United States abandon the Gold Standard?
- A.
  
  1947
- B.
  
  1971
- C.
  
  1990
- D.
  
  1888
9.

What term is used to denote a mortgage that probably will not ever be repaid?
- A.
  
  Toxic Mortgage
- B.
  
  Phantom Mortgage
- C.
  
  Ghost Mortgage
- D.
  
  Poison Mortgage
10.

In terms of stock prices, in which year did the dot-com bubble reach its peak?
- A.
  
  2000
- B.
  
  1996
- C.
  
  2003
- D.
  
  2005
11.

What's the general term for a tax on foreign goods?
- A.
  
  Tariff
- B.
  
  Sin Tax
- C.
  
  Excise
- D.
  
  Transfer Tax
12.

In the United States, what number is located in the bottom left corner of a check?
- A.
  
  Bank Routing Number
- B.
  
  Check Number
- C.
  
  Bank Account Number
- D.
  
  Tracking Number
13.

As of August, 2011, what U.S. state has the highest per-pack tax on cigarettes?
- A.
  
  Texas
- B.
  
  California
- C.
  
  New York
- D.
  
  Vermont
14.

The Financial Panic of 1837 occurred during the administration of which U.S. President?
- A.
  
  Andrew Jackson
- B.
  
  Martin Van Buren
- C.
  
  John Tyler
- D.
  
  John Quincy Adams
15.

Which of the following countries does not use the Euro as its currency?
- A.
  
  Norway
- B.
  
  Cyprus
- C.
  
  Slovakia
- D.
  
  Slovenia