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Inflation
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100

Which federal department is in charge of immigration 

Homeland Security 

100

What is inflation?

  • A) A decrease in the value of money
  • B) An increase in the overall price level of goods and services
  • C) A reduction in the money supply
  • D) A rise in unemployment rates
  • B) An increase in the overall price level of goods and services
100

What is the business cycle?

  • A) The movement of workers between different industries
  • B) The natural fluctuation of economic growth through periods of expansion and contraction
  • C) The cycle of businesses growing, merging, and acquiring other businesses
  • D) A continuous increase in a company’s profits
  • B) The natural fluctuation of economic growth through periods of expansion and contraction
100

Which planet is known as the "Red Planet"?

  • A) Venus
  • B) Mars
  • C) Jupiter
  • D) Saturn
  • B) Mars
100

Which 2000s song features the famous line “Shake it like a Polaroid picture”?

  • A) "Hey Ya!" by OutKast
  • B) "Gold Digger" by Kanye West
  • C) "Hollaback Girl" by Gwen Stefani
  • D) "Since U Been Gone" by Kelly Clarkson
  • A) "Hey Ya!" by OutKast
200

Which department would conduct peace talks with other nations? 

State Department 

200

Which of the following is an example of demand-pull inflation?

  • A) An increase in oil prices
  • B) A rise in consumer demand for cars leading to higher car prices
  • C) Workers demanding higher wages
  • D) A decrease in government spending
  • B) A rise in consumer demand for cars leading to higher car prices
200

Which of the following is NOT a phase of the business cycle?

  • A) Expansion
  • B) Peak
  • C) Recession
  • D) Inflation

D) Inflation

200

Which element is essential for human bones and teeth?

  • A) Potassium
  • B) Iron
  • C) Calcium
  • D) Sodium
  • C) Calcium
200

Which artist was known for the hit song "Complicated" and was one of the biggest pop-punk stars of the 2000s?

  • A) Avril Lavigne
  • B) Pink
  • C) Ashley Simpson
  • D) Kelly Clarkson

A) Avril Lavigne

300
Which department would conduct a military draft? 

Department of Defense  

300

Cost-push inflation occurs when:

  • A) There is an increase in consumer demand for goods and services
  • B) Businesses reduce production due to high demand
  • C) The cost of production rises, leading businesses to increase prices
  • D) Governments increase the money supply
  • C) The cost of production rises, leading businesses to increase prices
300

What impact does inflation typically have on savers?

  • A) Inflation benefits savers by increasing the value of savings
  • B) Inflation erodes the real value of savings
  • C) Inflation has no effect on the value of savings
  • D) Inflation increases the interest rates paid on savings accounts
  • B) Inflation erodes the real value of savings
300

In which year did humans first land on the Moon?

  • A) 1963
  • B) 1969
  • C) 1972
  • D) 1980
  • B) 1969
300

Which song by The Killers became an anthem of the 2000s with its infectious chorus “I got soul, but I’m not a soldier”?

  • A) "Mr. Brightside"
  • B) "Somebody Told Me"
  • C) "When You Were Young"
  • D) "All These Things That I've Done"

D) "All These Things That I've Done"

400

Which department is in charge of taking care of veterans and their families?

Veterans Affairs 

400

A central bank increases the money supply. This can lead to which type of inflation?

  • A) Cost-push inflation
  • B) Demand-pull inflation
  • C) Built-in inflation
  • D) Hyperinflation

B) Demand-pull inflatio

400

 What typically happens to unemployment during a recession?

  • A) Unemployment decreases
  • B) Unemployment remains stable
  • C) Unemployment increases
  • D) Unemployment becomes irrelevant
  • C) Unemployment increases
400

What is the most abundant gas in the Earth's atmosphere?

  • A) Oxygen
  • B) Nitrogen
  • C) Carbon Dioxide
  • D) Hydrogen
  • B) Nitrogen
400

What was the name of the viral dance song by South Korean artist Psy that became a global sensation in 2012?

  • A) "Gentleman"
  • B) "Gangnam Style"
  • C) "Harlem Shake"
  • D) "Despacito"
  • B) "Gangnam Style"
500

Which department is conducts the census every 10 years?  

Commerce Department  

500

Which of the following could reduce inflation?

  • A) An increase in the supply of money
  • B) Increased government spending
  • C) A decrease in consumer demand for goods and services
  • D) Rising global commodity prices
  • C) A decrease in consumer demand for goods and services
500

What is a recession?

  • A) A period of sustained economic growth
  • B) A period during which an economy contracts for two consecutive quarters or more
  • C) A sharp rise in inflation
  • D) An increase in government spending
  • B) A period during which an economy contracts for two consecutive quarters or more
500

Which pop-punk band had a massive hit with the song “I Write Sins Not Tragedies” in 2006?

  • A) Fall Out Boy
  • B) Panic! At The Disco
  • C) My Chemical Romance
  • D) Paramore
  • B) Panic! At The Disco
500

Which rapper became the first artist to have a music video reach 1 billion views on YouTube in 2015?

  • A) Drake
  • B) Eminem
  • C) Nicki Minaj
  • D) Kanye West
  • B) Eminem