EF
The acronym for a measure of a country's total income from its residents, both domestically and abroad.
What is Gross National Income?
A political system where power is shared between a national government and regional governments like states or provinces.
What is a federal system?
The 2007 device launch that revolutionised mobile phones and how we communicate.
What is the iPhone?
The key difference between data that’s numerical and data that describes qualities or characteristics.
What is the difference between quantitative and qualitative data?
The ancient Greek philosopher who taught by asking questions and was sentenced to death for "corrupting the youth."
Who is Socrates?
Two key roles performed by central banks to manage a country's economy.
What are setting interest rates and controlling inflation?
The international alliance formed in 1949 for collective defence among Western nations.
What is NATO (North Atlantic Treaty Organization)?
The art movement known for bold colours and imagery from mass media, with artists like Andy Warhol.
What is Pop Art?
The scientists most often credited with discovering the structure of DNA in 1953.
Who are Watson and Crick? (Bonus: Who is Rosalind Franklin?)
The branch of philosophy concerned with what we can know and how we know it.
What is epistemology?
The specific financial event that triggered the 2008 global economic downturn.
What is the subprime mortgage collapse?
The year in which the United Kingdom voted to leave the European Union.
What is 2016?
The principle that predicts the number of transistors on a microchip doubles roughly every two years.
What is Moore’s Law?
The Nobel Prize category added in 1969 that is not one of the original five.
What is the Nobel Prize in Economic Sciences?
The 18th-century philosopher who argued that reason, not experience, is the foundation of morality in his Categorical Imperative.
Who is Immanuel Kant?
A currency whose value is determined by market demand and supply, without direct government control.
What is a floating currency?
The branch of the European Union responsible for proposing new laws and policies.
What is the European Commission?
Artist known for expressive brushstrokes in The Starry Night.
Who is Vincent van Gogh?
The research method that compares changes over time between a treatment group and a control group to find causal effects.
What is the difference-in-differences method?
The thought experiment involving a runaway trolley and the ethical dilemma of sacrificing one to save five.
What is the trolley problem
The economic term for a situation where prices keep rising quickly, and wages can’t keep up.
What is cost-push inflation?
The first person to serve as president of the European Commission.
Who is Walter Hallstein?
The term for the worldwide blending of cultures, often driven by media and technology.
What is cultural globalization?
The Eastern European country with the highest number of Nobel Prize winners per capita.
Where is Hungary?
The philosophical view that only one's own mind is sure to exist.
What is solipsism?