Quiz: Economics Exam! Trivia Questions!

15 Questions | Total Attempts: 121

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Quiz: Economics Exam! Trivia Questions!

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Questions and Answers
  • 1. 
    Where was the 2011 G-20 Summit held?
    • A. 

      Seoul

    • B. 

      Toronto

    • C. 

      Pittsburgh

    • D. 

      Cannes

  • 2. 
    Which of the following people did not win a 2010 Nobel Prize in Economics?
    • A. 

      Dale T. Mortensen

    • B. 

      Christopher A. Pissarides

    • C. 

      Thomas J. Sargent

    • D. 

      Peter A. Diamond

  • 3. 
    What is the usual denomination of corporate-issued bonds?
    • A. 

      100000

    • B. 

      100

    • C. 

      1000

    • D. 

      10000

  • 4. 
    What economic term is defined as a country's nominal GDP divided by its money supply?
    • A. 

      Aggregate Demand

    • B. 

      Total Demand For Money

    • C. 

      Asset Demand For Money

    • D. 

      Velocity Of Money

  • 5. 
    The U.S. government's fiscal year begins on what date?
    • A. 

      October 1st

    • B. 

      January 1st

    • C. 

      August 1st

    • D. 

      April 1st

  • 6. 
    If a stock's indicated dividend rate is $10 and its closing value is $500, what is the stock's dividend yield?
    • A. 

      20%

    • B. 

      5%

    • C. 

      500%

    • D. 

      2%

  • 7. 
    What two-word term is used for a large trade of shares between two institutions?
    • A. 

      Group Trade

    • B. 

      Clump Trade

    • C. 

      Block Trade

    • D. 

      Mass Trade

  • 8. 
    What illegal act involves an agreement between participants on the same side in a market to buy or sell a product only at a certain amount?
    • A. 

      Profiteering

    • B. 

      Product Bundling

    • C. 

      Price Fixing

    • D. 

      Racketeering

  • 9. 
    How often do U.S. Treasury Notes pay interest?
    • A. 

      Every 12 Months

    • B. 

      Every 6 Months

    • C. 

      Every 3 Months

    • D. 

      Every 24 Months

  • 10. 
    Companies with "Red Chip" stocks are based in what country?
    • A. 

      Russia

    • B. 

      Canada

    • C. 

      Japan

    • D. 

      China

  • 11. 
    Which monetary policy involves lowering interest rates during a recession?
    • A. 

      Contractionary

    • B. 

      Reactionary

    • C. 

      Fiduciary

    • D. 

      Expansionary

  • 12. 
    How many companies were used to compute the first Dow Jones Industrial Average in 1896?
    • A. 

      20

    • B. 

      26

    • C. 

      30

    • D. 

      12

  • 13. 
    What accounting term is used to rectify the cost of intangible assets with a decrease in their value over their useful life?
    • A. 

      Negative Sloping

    • B. 

      Amortization

    • C. 

      Sloping

    • D. 

      Negative Amortization

  • 14. 
    Which of the following is a direct tax?
    • A. 

      Sales Tax

    • B. 

      A Tax Per Unit

    • C. 

      Transfer Tax

    • D. 

      Goods And Service Tax

  • 15. 
    Which Amendment to the U.S. Constitution allows the federal government to collect income tax?
    • A. 

      15th

    • B. 

      16th

    • C. 

      17th

    • D. 

      14th

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