Basic Knowledge Of Economics
Have some fun with this super trivia quiz on Economics
- 1.
What is considered the first step on the road to the economic integration of two or more countries?
- A.
Monetary Union
- B.
Preferential Trade Agreement
- C.
Customs Union
- D.
Free Trade Agreement
Correct Answer
B. Preferential Trade Agreement -
- 2.
For 2011, persons 50 or older can contribute up to how much per year to a solo 401(k)?
- A.
54500
- B.
64500
- C.
84500
- D.
74500
Correct Answer
A. 54500 -
- 3.
As of August, 2011, what U.S. state has the lowest per-pack tax on cigarettes at only 17 cents?
- A.
Louisiana
- B.
Alabama
- C.
Mississippi
- D.
Missouri
Correct Answer
D. Missouri -
- 4.
The stock exchanges for Scandinavia and the Baltic states are combined into what super-exchange?
- A.
HAK
- B.
OPEX
- C.
BX
- D.
OMX
Correct Answer
D. OMX -
- 5.
What highly successful businessman was the richest man in the world for 2010 and 2011?
- A.
Warren Buffet
- B.
Bernard Arnault
- C.
Carlos Slim Helu
- D.
Bill Gates
Correct Answer
C. Carlos Slim Helu -
- 6.
What ratio is calculated by dividing a firm's assets by the replacement value of the firm's assets?
- A.
A Ratio
- B.
Q Ratio
- C.
T Ratio
- D.
D Ratio
Correct Answer
B. Q Ratio -
- 7.
Anheuser-Busch survived prohibition by selling commercial yeast and what?
- A.
Root Beer
- B.
Soda/Pop
- C.
Ginger Ale
- D.
Sarsaparilla
Correct Answer
D. Sarsaparilla -
- 8.
Wal-Mart did this many billions in business in 1994?
- A.
47
- B.
75
- C.
62
- D.
83
Correct Answer
D. 83 -
- 9.
What does the abbreviation ARM mean in the insurance world?
- A.
Assurance Risk Maintenance
- B.
Associates In Realty Management
- C.
Associates In Risk Management
- D.
Assistant Risk Manager
Correct Answer
C. Associates In Risk Management -
- 10.
What are Yankee Bonds?
- A.
Bonds Issued On The American Market By Foreign Corporations And Banks
- B.
Bonds Issued In London By U.S. Corporations
- C.
Bonds Issued By New York Banks
- D.
Bonds Issued From Rapidly Developing Companies
Correct Answer
A. Bonds Issued On The American Market By Foreign Corporations And Banks -
- 11.
What company produces the Almond Joy candy bar?
- A.
Nestles
- B.
Hershey
- C.
Mars
- D.
General Mills
Correct Answer
B. Hershey -
- 12.
S&H Green stamps were founded in which year?
- A.
1912
- B.
1915
- C.
1896
- D.
1918
Correct Answer
C. 1896 -
- 13.
Poland Springs water was founded in which year?
- A.
1845
- B.
1942
- C.
1910
- D.
1900
Correct Answer
A. 1845 -
- 14.
What was the third name originally attached to Colgate-Palmolive?
- A.
Sunlight
- B.
Peet
- C.
Proctor
- D.
Williams
Correct Answer
B. Peet -
- 15.
Which company invented Fizzies?
- A.
Cole's Drug Company
- B.
Alka Seltzer
- C.
Donovan Drug Company
- D.
Emerson Drug Company
Correct Answer
D. Emerson Drug Company -
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Mar 21, 2022Quiz Edited by
ProProfs Editorial Team -
Mar 18, 2015Quiz Created by
Alfredhook3
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