The Big Quiz On Economics
This is an online interactive quiz in economics meant to test your knowledge in economics as well as give you extra knowledge
- 1.
The interest rate paid on a bond is known as the...
- A.
Annuity
- B.
Face Amount
- C.
Gilt
- D.
Coupon
Correct Answer
D. Coupon -
- 2.
If a company cannot pay its debts as they fall due but still has positive net assets, it is said to be...
- A.
Cash Flow Solvent But Balance Sheet Insolvent
- B.
Cash Flow Insolvent And Balance Sheet Insolvent
- C.
Cash Flow Solvent And Balance Sheet Solvent
- D.
Cash Flow Insolvent But Balance Sheet Solvent
Correct Answer
D. Cash Flow Insolvent But Balance Sheet Solvent -
- 3.
Who is the first woman to ever appear on U.S. paper currency?
- A.
Elizabeth Cady Stanton
- B.
Amelia Earhart
- C.
Martha Washington
- D.
Harriet Tubman
Correct Answer
C. Martha Washington -
- 4.
What is the term for a borrower setting aside cash or bonds sufficient to service their debt?
- A.
Remittance
- B.
Defeasance
- C.
Abeyance
- D.
Condonation
Correct Answer
B. Defeasance -
- 5.
Which type of fiscal policy involves keeping government spending lower than tax revenue?
- A.
Contractionary
- B.
Reactionary
- C.
Expansionary
- D.
Reductionary
Correct Answer
A. Contractionary -
- 6.
The Credit CARD Act of 2009 stipulates that credit cards cannot be issued to anyone under what age, unless they have a co-signer?
- A.
18
- B.
16
- C.
21
- D.
17
Correct Answer
C. 21 -
- 7.
According to Karl Marx, what socioeconomic class is the most exploited in a capitalist system?
- A.
Petit Bourgeoisie
- B.
Peasantry
- C.
Proletariat
- D.
Bourgeoisie
Correct Answer
C. Proletariat -
- 8.
"Two bits" is an expression for how much money?
- A.
40 Cents
- B.
50 Cents
- C.
20 Cents
- D.
25 Cents
Correct Answer
D. 25 Cents -
- 9.
Between 1942 and 1945, nickels had no nickel in them. Instead, nickels were composed of...
- A.
Copper, Silver, And Manganese.
- B.
Iron, Zinc, And Copper
- C.
Zinc, Silver, And Iron
- D.
Manganese, Tin, And Copper
Correct Answer
A. Copper, Silver, And Manganese. -
- 10.
Which beer company advertised the slogan, "Life is Good"?
- A.
Anheuser-Busch
- B.
Coors
- C.
Miller Beer
- D.
Boston Beer
Correct Answer
C. Miller Beer -
- 11.
Adolphus Busch started brewing beer commercially in what year?
- A.
1873
- B.
1906
- C.
1911
- D.
1899
Correct Answer
A. 1873 -
- 12.
Which one of these drug store related advertising characters actually existed?
- A.
Ted-Ache The Aspirin Kid
- B.
Prozac Pete
- C.
Ritalin Man
- D.
Penicillin Penny
Correct Answer
C. Ritalin Man -
- 13.
Which former astronaut was the CEO of Eastern Airlines?
- A.
Frank Borman
- B.
Scott Carpenter
- C.
John Glenn
- D.
Buzz Aldrin
Correct Answer
A. Frank Borman -
- 14.
When did the first Dairy Queen open?
- A.
18-Nov-66
- B.
4-Aug-71
- C.
4-Jul-53
- D.
22-Jun-40
Correct Answer
D. 22-Jun-40 -
- 15.
What year did Hasbro introduce the "Mr. Potato Head" toy?
- A.
1971
- B.
1965
- C.
1940
- D.
1952
Correct Answer
D. 1952 -
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 16, 2022Quiz Edited by
ProProfs Editorial Team -
Mar 18, 2015Quiz Created by
Thames
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