Money
What is the abbreviation for our currency?
USD
What is the safest investment?
Savings account
What type of economy focuses on survival through passing on customs over time?
Traditional Economy
What basketball player is planning to retire after winning the Sixers a championship?
LeBron James (the GOAT)
Gold Standard
What kind of market is it best to buy stocks under?
Bear Market
What are the four types of economies?
Traditional, Market, Command, Mixed
What sport does Mr. Barash train in?
Muay Thai
What government agency controls the nation's money?
The Federal Reserve a.k.a. the Fed
When inflation rises you should invest in...
Stable Stocks+Index funds (points if you said the stock market)
What type of economy does the U.S. use?
Mixed (but leans towards Market)
What famous film director is best known for dramatic twists? (and also known for being from Philadelphia?)
M. Night Shyamalan
What can happen when there is more money in circulation?
Inflation (More supply=less value!)
What two types of investments are best when there are high interest rates?
Savings accounts and Bonds
What set of policies encourage a hands-off approach from the government?
Laissez-Faire
What continent is French Guiana a part of?
South America
What was the name of the two-metal system that America used to give its money value prior to 1873?
Bimetallism
What two stock indexes tell the story of the stock market?
S&P 500 and Dow Jones Industrial Average
A company paying wages to its employees is part of...
The Factor Market
What countries founded the economic bloc known as B.R.I.C.S?
Brazil, Russia, India, China, South Africa