World Economy! Trivia Questions Quiz

15 Questions | Total Attempts: 119

SettingsSettingsSettings
Please wait...
World Economy! Trivia Questions Quiz

.


Questions and Answers
  • 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