Economics
What economic principle describes the idea that as the price of a good rises, producers will supply more of it?
What is the law of supply?
What is the name of the main library at York University?
What is Scott Library?
Which economic thinker invented the "Invisible Hand" theory?
Who is Adam Smith?
Which country is currently the world's largest exporter?
What is China?
What does the acronym "IPO" stand for in finance?
What is Initial Public Offering?
Which financial institution acts as a lender of last resort and regulates monetary policy in a country?
What is a central bank?
In which building is the Economics Department located here on campus?
What is Vari Hall?
What is the economic term for the total value of goods and services produced in a country within a specific period?
What is Gross Domestic Product (GD)?
What is the common currency used by 19 of the 27 European Union member countries?
What is the Euro?
What is the financial term for ownership of a company represented by shares?
What is equity?
Which type of bond is issued by a national government and is generally considered a low-risk investment?
What is a government bond?
York University has campuses in which three locations?
What are Keele, Glendon, and Markham?
Which country experienced a hyperinflationary period in the 1920s after World War I?
What is Germany?
What is the economic term for a tax imposed on imported goods to protect domestic industries?
What is a tariff?
What is the term for a market condition where stock prices are falling, and investor confidence is low?
What is a bear market?
Which curve shows the trade-off between inflation and unemployment in the short run?
What is the Phillips curve?
Which year was York University founded?
What is 1959?
Which major economic crisis began in the United States and spread globally in 2008?
What is the Global Financial Crisis?
What term describes a situation where a country’s exports exceed its imports?
What is a trade surplus?
Which index tracks the largest companies in the United States based on market capitalization?
What is the S&P 500?
In which type of market do all firms sell an identical product, and no single firm can influence the market price?
What is perfect competition?
Which York University student association represents all undergraduate students?
What is the York Federation of Students (YFS)?
What was the name of the European sovereign debt crisis that peaked in the early 2010s?
What is the Eurozone Crisis?
Which investment strategy involves buying and holding a diversified portfolio of assets to achieve long-term growth?
What is passive investing?