Spring
Break
Is
Almost
Here
100
What color does hippo sweat turn when they are upset? 
Red
100

The total amount of goods and services in the economy available at all price levels

Aggregate supply
100
When did Abraham Lincoln give the Gettysburg Address?  
November 19, 1863
100
Approximately what percentage of the world's population is left-handed? 
10%
100
What was the first name of the person who invented nachos? 
Nacho
200

What is the difference between nominal and real GDP?

Real GDP is adjusted for inflation or deflation, whereas nominal GDP is not

200
What is the scientific name for 1/100th of a second?
A jiffy
200

Per economist Mary Daly, what was the biggest problem with the Great Recession?

The large number of people that lost their job and were unable to find work in a reasonable amount of time

200

What does GDP stand for?

Gross Domestic Product
200
Approximately, how many muscles does it take to take one step? 
200
300
What is the rarest hair color/eye color combination? 
Red hair, blue eyes
300
During your lifetime, you produce enough saliva to fill how many swimming pools? 
2
300
Who is the #1 tire manufacturer in the world? 
LEGO
300
What is the strongest muscle in the body? 
The tongue
300
List the four phases of the business cycle. 
Expansion, Peaks, Recession, Troughs
400
What do you call a baby rabbit?
A kitten
400

What is the most important determinant of a healthy economy?

GDP
400

The amount of goods and services in the economy that will be purchased at all possible price levels

Aggregate demand
400

A period of decline in total output, income, employment, and trade, usually lasting six months to a year and marked by widespread contractions in many sectors of the economy.

Recession
400
What was the top speed of the first American race car? 
7 mph (1895)
500
List the three types of economic indicators.
Leading, Coincident, Lagging
500
List the four distinguishing factors of the Great Recession. 

Job losses were very board based

Rise in unemployment across the skill distribution 

Almost all job cuts were permanent

Record long-term unemployment

500
What is the only mammal that can't jump? 
Elephant
500
How big was the largest snowflake ever recorded? 
15 inches
500

A rise in per capita GDP signals what?

Growth in the economy and an increase in productivity

M
e
n
u