Economics Unit Test Quiz

The Eurostar is a high-speed passenger train that operates between the United Kingdom and mainland Europe. It connects cities such as London, Paris, and Brussels through the Channel Tunnel. The Eurostar is known for its speed and efficiency, offering a convenient mode of transportation for travelers between these destinations. It is not a candy bar, a form of currency, or a type of mini-van.

The correct answer is Japan. Japan started a stock exchange called "Mothers". This indicates that Japan was the first country to establish this particular stock exchange.

The correct answer is Kwanza. Kwanza is the official currency of Angola. It was introduced in 1977 to replace the Angolan escudo. The currency is named after the Kwanza River, the longest river in Angola. The Kwanza is subdivided into 100 units called cêntimos. It is widely used for all financial transactions within the country.

Brooks Brothers is owned by Retail Brand Alliance, which is a European company.

The Hunt brothers attempted to corner the silver market in the 1970s. They believed that the value of silver would increase significantly, so they started buying large amounts of silver, causing the price to rise. Eventually, their actions attracted the attention of regulators and the price of silver collapsed, resulting in financial losses for the Hunt brothers.

The headquarters of the South China Morning Group are located in Hong Kong. Hong Kong is a major financial and business hub in Asia, making it an ideal location for the headquarters of a media group. Additionally, the South China Morning Group is known for its coverage of news and events in the Greater China region, including Hong Kong, further supporting the fact that its headquarters are in Hong Kong.

Wendy's headquarters is located in Ohio.

Al Capone is known as the first person to make one million dollars in one year. He was a notorious American gangster during the Prohibition era and made a significant fortune through illegal activities, primarily bootlegging and organized crime. His wealth and influence in the criminal underworld allowed him to accumulate such a substantial amount of money in a single year.

Before GM bought it and moved in, the current headquarters for GM on the Detroit River was called the Renaissance Center.

Visteon was "spun off" from Ford. This means that Visteon was originally a part of Ford but was separated or divested from the company to become an independent entity.

In the 1970s, Procter & Gamble outspent its nearest rival by $200 million on TV advertising. This indicates that Procter & Gamble was highly invested in promoting its products and brand through television commercials during that time. By outspending its competitors, Procter & Gamble aimed to gain a competitive edge in the market and capture the attention of consumers through extensive advertising campaigns.

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In the bankruptcy scandal of 2001, a large number of Enron employees lost their jobs. The correct answer is 4500, indicating that this many employees were affected by the scandal. This suggests that the bankruptcy had a significant impact on the company's workforce, resulting in a substantial number of job losses.

ILM stands for Industrial Light & Magic, which is the special effects company founded by George Lucas. It is a renowned company in the film industry known for its groundbreaking visual effects work, particularly in movies like Star Wars and Jurassic Park. ILM has played a significant role in revolutionizing the field of special effects and has won numerous Academy Awards for its exceptional work.

AOL Time Warner made huge profits by backing "Harry Potter and the Sorcerer's Stone" as a movie. This can be attributed to the fact that the movie was highly successful and became a global phenomenon, leading to significant box office earnings and merchandise sales. AOL Time Warner, as the parent company of Warner Bros. Pictures, which produced and distributed the film, would have benefited greatly from its financial success.