Which is the smallest American state by land?
Rhode Island
What is income?
money received from working or investments
What is an Entrepreneur?
Individuals who are willing to take risks in order to start a new business.
What is a tariff?
tax on goods brought into a country
What type of propaganda is this ?
Transfer
What document of the United States sets out the laws and principles of the government of the United States?
The Constitution
Which of the following has historically had the highest rate of return (annually) over long periods of time?
A) Bank savings accounts.
B) Bonds.
C) Stocks.
C) Stocks (average 10% return annually)
Bonds (7-8%)
Savings (.06%)
What happens to "Demand " when there is an increase in "Supply"?
Demand goes down
Palestine is at war with what country?
Israel
Which state is known as the “Empire State”?
New York
What year did the US gain their Independence?
July 4th, 1776
What is the current sales tax rate in NY?
4 to 8.75%
What is inflation?
Inflation is the rate of increase in prices for goods and services in the economy.
What country did the US make a trade deal on May 8, 2025 ?
Britain
What political party will Eric Adams represent in the upcoming mayor election?
Independent
What is federalism?
the sharing of power between the states and the national government
What is a 401K?
Retirement savings account
Name 3 of the "Magnificent 7" US companies that are the most valuable (highest market value) .
Apple
Microsoft
Nvidia
Alphabet (Google)
Amazon
Meta Platforms (Facebook, Instagram, Whatsapp)
Tesla
What country is the new Pope Leo XIV from?
USA
What country is on the border of Michigan and New York?
Canada
Which is the last state to be added to the United States?
Hawaii
What is a dividend?
A share of a company’s net profits paid to stockholders.
UPS ($6.52)
Home Depot ( $9)
Pepsi (5.42)
What is a recession?
a significant downturn in economic activity that lasts for more than a few months
Which US agency is responsible for overseeing air traffic control?
Federal Aviation Administration (FAA)
What is the only flag in the world that does not include the colors (red, white, or blue) of British heritage?
Jamaica