Who is portrayed on the 1000 soms bill?
Zhusup Balasagun
What board game teaches basic concepts of property ownership and rent?
Monopoly
What is diversification in investing?
Spreading money across assets to reduce risk
What is the law of supply and demand?
It states that prices rise when demand is high and supply is low, and prices fall when supply is high and demand is low.
Which country first introduced paper money?
China
What is the currency of Switzerland?
Swiss Frank
In Squid Game, players compete for a prize of how many won?+- 2
₩45.6 billion
What is the difference between a fixed expense and a variable expense?
Fixed stays the same (like rent), variable changes (like food or gas).
When the government sets a minimum price above equilibrium, what is it called?
In ancient times, what was often used as a form of money before coins?
Shells
Name Big4 audit firms
KPMG, Deloitte, EY, PWC
Which famous pop singer became a billionaire primarily through her beauty business?
Rihanna
What’s the difference between a debit and a credit card?
Debit = your money; Credit = borrowed money from bank
What is recession, and what is the opposite of recession?
Recession is a period when the economy of the country slows down. The opposite of recession is economic boom or expansion.
When was the Great Depression? State starting and ending years
1929-1939
What is the strongest currency in the world?
Kuwaiti dinar (KWD)
In The Wolf of Wall Street, what kind of company does Jordan Belfort run?
A stock trading firm
Which type of investment generally carries higher risk: bonds or shares (stocks)?
Shares are riskier than bonds because their prices fluctuate with the market, while bonds offer fixed, stable returns.
What does abbreviation CPI mean?
Consumer Price Index
What is the most popular Stock Exchange in the world?
What does “ATM” stand for?
Automated Teller Machine
In Breaking Bad TV-Show Walter White does money laundering. What did he buy to cover it?
Car wash
What is compound interest?
Compound interest is when you earn interest on both the original principal amount and the accumulated interest from previous periods
Through which policy a government uses its budget and sets tax policies to influence economic conditions in the country?
Fiscal policy
When bitcoin was first introduced? +- 1 year
2009