The Amazing Quiz On Economics

15 Questions | Total Attempts: 107

SettingsSettingsSettings
Please wait...
Economics Quizzes & Trivia

How Much Do You Really Know About Economics?


Questions and Answers
  • 1. 
    For the purposes of retirement plans, a "highly compensated employee" is one who makes over $110,000 in compensations per year or...
    • A. 

      Owns At Least 10% Of The Company

    • B. 

      Owns At Least 15% Of The Company

    • C. 

      Owns At Least 5% Of The Company

    • D. 

      Owns At Least 1% Of The Company

  • 2. 
    Which of the following is an indirect tax?
    • A. 

      Income Tax

    • B. 

      Estate Tax

    • C. 

      Value Added Tax

    • D. 

      Corporate Tax

  • 3. 
    Until 2005, one could only directly trade shares on the New York Stock Exchange if they owned one of how many "seats"?
    • A. 

      1166

    • B. 

      1366

    • C. 

      1266

    • D. 

      1066

  • 4. 
    In order to avoid being classified as an odd lot, a transaction usually needs to encompass at least how many shares?
    • A. 

      10

    • B. 

      50

    • C. 

      100

    • D. 

      1000

  • 5. 
    A "sawbuck" is slang for what unit of currency?
    • A. 

      20 Dollar Bill

    • B. 

      10 Dollar Bill

    • C. 

      5 Dollar Bill

    • D. 

      2 Dollar Bill

  • 6. 
    Established in 1960, USA Funds is a nonprofit corporation that grants loans to whom?
    • A. 

      The Unemployed

    • B. 

      Small Business Owners

    • C. 

      Students

    • D. 

      Farmers

  • 7. 
    The North American Free Trade Agreement came into effect on January 1 of what year?
    • A. 

      1995

    • B. 

      1994

    • C. 

      1993

    • D. 

      1996

  • 8. 
    What was the last year in which the United States had a positive balance of trade?
    • A. 

      1975

    • B. 

      1995

    • C. 

      1985

    • D. 

      1965

  • 9. 
    What stock market index for the Tokyo Stock Exchange has been calculated by the Nihon Keizai Shimbun newspaper since 1950?
    • A. 

      S&P Asia 50

    • B. 

      Nikkei 225

    • C. 

      FTSE

    • D. 

      Topix

  • 10. 
    If you have money deposited in two banks that merge, how long will the FDIC insure your two deposits separately?
    • A. 

      6 Months

    • B. 

      5 Years

    • C. 

      2 Years

    • D. 

      1 Year

  • 11. 
    In August of 2008, what percentage of American mortgages were either delinquent or in foreclosure?
    • A. 

      5.20%

    • B. 

      11.20%

    • C. 

      9.20%

    • D. 

      7.20%

  • 12. 
    United States Savings Bonds were first introduced under what Secretary of the Treasury?
    • A. 

      Salmon P. Chase

    • B. 

      Alexander Hamilton

    • C. 

      Henry Morgenthau

    • D. 

      Andrew W. Mellon

  • 13. 
    What is the actual initialism for the entity known as Freddie Mac?
    • A. 

      FMAC

    • B. 

      FHLMC

    • C. 

      FRMAC

    • D. 

      FRMC

  • 14. 
    What U.S. state's "kicker" rebate mandates that any state budgetary surplus beyond 2% must be returned to the taxpayers?
    • A. 

      Washington

    • B. 

      Montana

    • C. 

      Idaho

    • D. 

      Oregon

  • 15. 
    The world's first stock exchange was opened in what Belgian city in 1460?
    • A. 

      Ghent

    • B. 

      Antwerp

    • C. 

      Brussels

    • D. 

      Bruges

Back to Top Back to top