Economics
Travel Trivia
Economics II
Get Smart
Millenial Slang
100

What is the term for the total value of all goods and services produced within a country in a given year? 

Gross Domestic Product (GDP

100

The arid landscapes of what country were used as the filming location for the desert planet Tatooine in the film Star Wars?

Tunisia

100

What is the primary financial statement that shows a company's financial position at a specific point in time?

Balance sheet

100

What animal kills an estimated one to three billion birds annually worldwide?

the house cat

100

A group of friends

squad


200

What is the term used to describe a general increase in prices and fall in the purchasing value of money? 

inflation

200

Which of the 50 US states has the most coastline? 

Alaska


200

What is the name of the market where shares of publicly held companies are issued and traded?

Stock Market

200

What sport used the term "home run" long before baseball?

cricket

200

A combination of stalker and fan

stan

300

Which economic concept describes a situation where supply exceeds demand?

surplus

300

What nation's capital city receives the least amoiunt of daylight compared to other capital cities?

Iceland

300

What is the term for the cost of borrowing money, typically expressed as a percentage?

Interest rate

300

What garment is named after a ring-shaped island in the South Pacific?

The bikini

300

Acting upset or bitter

salty

400

Which type of economic system is characterized by private or corporate ownership of capital goods?

capitalism

400

What tunnel runs 23.5 miles of its 32-mile length underwater?

The Chunnel Tunnel

400

What is the term for a plan that outlines expected income and expenses over a certain period?

budget

400

What animal was knighted by the king of Norway in 2008?

a penguin

400

To have a full face of makeup

beat

500

What economic term refers to the situation where a single company or group owns all or nearly all of the market for a given type of product or service?

monopoly

500

What river runs through the Grand Canyon?

The Colorado river

500

Which accounting principle requires that expenses be recorded in the period in which they are incurred, not necessarily when they are paid?

Matching Principle

500

Bart is a character on the animated television show The Simpsons. What is his full name?

Bartholomew Jojo Simpson

500

being aware of current affairs

woke

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