Economics Test Quiz

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| By Cambronbill3

Cambronbill3

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1/15 Questions

A financial firm trading with its own money rather than its customer's money is known as...
- Algorithmic Trading
- Program Trading
- Flow Trading
- Proprietary Trading

About This Quiz

It’s time to answer some cool questions about Economics

2.

What diminutive name is given to Fannie Mae-issued mortgage-backed securities with a 15-year maturity time?
- Dwarfs
- Bits
- Midgets
- Mites
Correct Answer

A. Dwarfs
3.

The New York Stock Exchange was founded by what 1792 agreement?
- Buttonwood Agreement
- Maple Agreement
- Cedar Agreement
- Pecan Agreement
Correct Answer

A. Buttonwood Agreement
4.

What does an average household sell to firms in a factors of production market?
- Labor
- Income
- Rent
- Goods and Services
Correct Answer

A. Labor
5.

Designed to promote the informed use of consumer credit, the Truth in Lending Act was passed in what year?
- 1998
- 1988
- 1978
- 1968
Correct Answer

A. 1968
6.

What specific type of monetary policy involves tying the money supply to the spot price of the currency?
- Inflation Targeting
- Monetary Aggregates
- Fixed Exchange Rate
- Price Level Targeting
Correct Answer

A. Fixed Exchange Rate
7.

In the United States, full employment is considered reached when less than what percentage of people aged 20 and older are unemployed?
- 3%
- 4%
- 2%
- 5%
Correct Answer

A. 3%
8.

Which of the following can shift a long-run aggregate supply curve to the right?
- A Decrease In Capital
- An Increase In Unemployment
- Advances In Technology
- A Natural Disaster
Correct Answer

A. Advances In Technology
9.

What variety of financial institution is also called a "federal thrift?"
- National Bank
- Federal Savings Association
- Federal Savings Bank
- Credit Union
Correct Answer

A. Federal Savings Association
10.

What is the term for a security that's not listed on a stock or bond exchange?
- Decentralized
- Over-The-Counter
- Unorthodox
- Bottom-Level
Correct Answer

A. Over-The-Counter
11.

As of 2011, what is the per-year contribution limit for a SEP IRA?
- 49000
- 24000
- 74000
- 99000
Correct Answer

A. 49000
12.

Which of the following economic curves approximates the production rate of a resource over time?
- J Curve
- Hubbert Curve
- Engel Curve
- Yield Curve
Correct Answer

A. Hubbert Curve
13.

What nickname is given to the first of the stock market downturns that signaled the start of the Great Depression?
- Black Thursday
- Black Monday
- Black Friday
- Black Tuesday
Correct Answer

A. Black Thursday
14.

What disastrous economic campaign undertaken by the Chinese Communist Party in 1958 resulted in massive famines?
- The Great Leap Forward
- Hundred Flowers Campaign
- Virgin Lands Campaign
- Five-Year Plan
Correct Answer

A. The Great Leap Forward
15.

What Federal Reserve Board regulation limits the number of preauthorized withdrawals and transfers from a savings account?
- Regulation L
- Regulation F
- Regulation M
- Regulation D
Correct Answer

A. Regulation D

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Mar 19, 2022

Quiz Edited by
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Mar 18, 2015

Quiz Created by
Cambronbill3

Economics Test Quiz

A financial firm trading with its own money rather than its customer's money is known as...

Quiz Preview

What diminutive name is given to Fannie Mae-issued mortgage-backed securities with a 15-year maturity time?

The New York Stock Exchange was founded by what 1792 agreement?

What does an average household sell to firms in a factors of production market?

Designed to promote the informed use of consumer credit, the Truth in Lending Act was passed in what year?

What specific type of monetary policy involves tying the money supply to the spot price of the currency?

In the United States, full employment is considered reached when less than what percentage of people aged 20 and older are unemployed?

Which of the following can shift a long-run aggregate supply curve to the right?

What variety of financial institution is also called a "federal thrift?"

What is the term for a security that's not listed on a stock or bond exchange?

As of 2011, what is the per-year contribution limit for a SEP IRA?

Which of the following economic curves approximates the production rate of a resource over time?

What nickname is given to the first of the stock market downturns that signaled the start of the Great Depression?

What disastrous economic campaign undertaken by the Chinese Communist Party in 1958 resulted in massive famines?

What Federal Reserve Board regulation limits the number of preauthorized withdrawals and transfers from a savings account?