The Ultimate Fan Quiz On Economics

15 Questions | Total Attempts: 102

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Economics Quizzes & Trivia

Can you answer all these questions about Economics?


Questions and Answers
  • 1. 
    The investment term UIT stands for Unit Investment what?
    • A. 

      Timetable

    • B. 

      Trading

    • C. 

      Trust

    • D. 

      Transfer

  • 2. 
    When was the motto "In God We Trust" first added to U.S. paper money?
    • A. 

      1957

    • B. 

      1897

    • C. 

      1867

    • D. 

      1927

  • 3. 
    Which of the following assets could be categorized as "near money"?
    • A. 

      Real Estate

    • B. 

      Inventory

    • C. 

      Certificates Of Deposit

    • D. 

      Mutual Funds

  • 4. 
    The Federal Reserve's 1st district is centered around which city's Reserve Bank?
    • A. 

      Philadelphia

    • B. 

      Chicago

    • C. 

      Boston

    • D. 

      New York

  • 5. 
    What is the interest rate for "Patriot" EE bonds as of December 1, 2011?
    • A. 

      0.50%

    • B. 

      0.75%

    • C. 

      0.60%

    • D. 

      0.90%

  • 6. 
    During the U.S. Civil War, approximately what percentage of the Union's war effort was financed through war bonds?
    • A. 

      62%

    • B. 

      31%

    • C. 

      42%

    • D. 

      27%

  • 7. 
    Which of the following types of student loans does not accumulate interest while borrower is still in school?
    • A. 

      Unsubsidized

    • B. 

      Unlinked

    • C. 

      Subsidized

    • D. 

      Linked

  • 8. 
    The U.S. half-cent coin was last minted in what year?
    • A. 

      1797

    • B. 

      1827

    • C. 

      1887

    • D. 

      1857

  • 9. 
    What does the "F" in the multinational organization IMF stand for?
    • A. 

      Federation

    • B. 

      Fund

    • C. 

      Finance

    • D. 

      FranĪ„aise

  • 10. 
    Goods that can replace each other in use as a result of situational changes are called...
    • A. 

      Complementary Goods

    • B. 

      Equivalent Goods

    • C. 

      Positional Goods

    • D. 

      Substitute Goods

  • 11. 
    As of 2011, which of the following Caribbean nations is not a full member of CARICOM?
    • A. 

      Trinidad And Tobago

    • B. 

      Grenada

    • C. 

      Jamaica

    • D. 

      Aruba

  • 12. 
    Which of the following is true of a debenture?
    • A. 

      It Is Not Subordinate To Secured Debt

    • B. 

      It Carries Liens Or Pledges On Specific Assets

    • C. 

      It Is Backed By Collateral

    • D. 

      It Is Used For Long-Term Debt

  • 13. 
    When escrow is used in a mortgage payment, what is typically covered in the payment?
    • A. 

      Principal Only

    • B. 

      Principal, Interest, And Taxes

    • C. 

      Principal, Interest And Utilities

    • D. 

      Principal, Interest, Taxes, And Insurance

  • 14. 
    Which of the following is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases?
    • A. 

      Curved Tax

    • B. 

      Regressive Tax

    • C. 

      Flat Tax

    • D. 

      Progressive Tax

  • 15. 
    What woman appeared on the U.S. dollar coin between 1979 and 1981?
    • A. 

      Sacagawea

    • B. 

      Susan B. Anthony

    • C. 

      Elizabeth Cady Stanton

    • D. 

      Harriet Tubman

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