World Economy! Trivia Questions Quiz
15 Questions
| Total Attempts: 119
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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
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