Sports
This sport’s championship trophy, the Lombardi Trophy, is handed out every February.
A. The World Series
B. The Super Bowl
C. The NBA Finals
D. The Stanley Cup Final
What is the Super Bowl?
In economics, a sudden drop in asset prices is called a:
A. Boom
B. Recession
C. Crash
D. Bubble
What is a crash?
The economic downturn in 1929 that led to massive unemployment is called:
A. The Great Depression
B. The Panic of 1907
C. The Recession of 1937
D. The Dot-com Bubble
What is The Great Depression?
The capital of New York State
A. Buffalo
B. Albany
C. New York City
D. Rochester
What is Albany?
This color is complimentary to purple:
A. Orange
B. Yellow
C. Green
D. Violet
What is yellow?
This Olympic sport uses sweeping to guide a sliding stone on ice.
A. Luge
B. Skeleton
C. Curling
D. Bobsledding
What is Curling?
This bank’s 2008 collapse triggered a global panic:
A. Lehman Brothers
B. Merrill Lynch
C. Bear Sterns
D. Goldman Sachs
What is Lehman Brothers?
The first paper money in the Western world was used in this country during the 11th century.
A. China
B. England
C. Italy
D. France
What is China?
The current mayor of Buffalo
A. Chris Scanlon
B. Sean Ryan
C. Byron Brown
D. Jimmy Griffin
Who is Sean Ryan?
This color cannot be made by mixing different colors:
A. Brown
B. Orange
C. Red
D. Green
What is red?
This MLB team ended the “Curse of the Bambino” in 2004.
A. Chicago Cubs
B. Boston Red Sox
C. New York Yankees
D. St. Louis Cardinals
Who are the Boston Red Sox?
A “subprime mortgage” is:
A. A loan for borrowers with excellent credit
B. A low-risk mortgage
C. A high-risk mortgage for borrowers with poor credit
D. A government grant
What is a high-risk mortgage for borrowers with poor credit?
The economic theory that government spending can stimulate growth during a recession was developed by:
A. Adam Smith
B. Milton Friedman
C. John Maynard Keynes
D. Karl Marx
Who is John Maynard Keynes?
The former Governor of New York State was:
A. Nelson Rockefeller
B. Chris Scanlon
C. Kathy Hochul
D. Joelle Leclaire
Who is Nelson Rockefeller?
This artist Painted the Mona Lisa:
A. Leonardo Da Vinci
B. Pablo Picasso
C. Bob Ross
D. Vincent Van Gogh
Who is Leonardo Da Vinci?
This country has won the most men’s FIFA World Cup titles.
A. Argentina
B. Germany
C. Brazil
D. Italy
What is Brazil?
During the 2008 crisis, the U.S. government used TARP. TARP stand for:
A. Total Asset Reallocation Program
B. Troubled Asset Relief Program
C. Treasury and Reserve Plan
D. Temporary Assistance for Banks
What is the Troubled Asset Relief Program?
The 1970s in the United States were marked by "stagflation," which is a combination of:
A. High unemployment and low inflation
B. Low unemployment and high inflation
C. High unemployment and high inflation
D. Low unemployment and low inflation
What is high unemployment and high inflation?
The Native American Tribe that originally lived originally located in the Buffalo area?
a. Seneca
b. Oneida
c. Ohlone
d. Mohawk
What is Seneca?
This artist is known for painting “happy little trees” and landscapes:
A. Leonardo Da Vinci
B. Pablo Picasso
C. Bob Ross
D. Vincent Van Gogh
Who is Bob Ross?
This country has hosted the most Winter Olympics.
A. Canada
B. The United States
C. Norway
D. France
What is the United States?
This instrument acts like insurance for lenders against a borrower not paying back a loan
A. Credit default swap
B. Mutual Fund
C. Certificate of deposit
D. Futures Contract
What is a Credit default swap?
The Gold Standard, which tied currency value to a fixed amount of gold, was largely abandoned by most countries during:
A. World War I
B. The Great Depression
C. World War II
D. The 1970s Oil Crisis
What is The Great Depression?
Named after an ancient Roman general, this Finger Lake is the deepest of the eleven and reaches a depth of about 618 feet.
A. Cayuga Lake
B. Keuka Lake
C. Seneca Lake
D. Skaneateles Lake
What is the Seneca Lake?
When wealthy collector buy ridiculously expensive art simply because it is expensive, economics call it this effect:
A. The Halo Effect
B. The Veblen Effect
C. The Butterfly Effect
D. The Picasso Paradox
What is the Veblen Effect?