Quiz 2

A visually appealing image depicting economic concepts like currency, graphs, and international trade.

Economic Literacy Quiz

Test your knowledge on key economic concepts and terminology with this engaging quiz designed for learners at various levels. Challenge yourself or compete with friends to see who knows more about economics!

  • 21 thought-provoking questions
  • Covers topics like finance, market terms, and international organizations
  • Perfect for students, professionals, or anyone interested in economics
21 Questions5 MinutesCreated by AnalyzingExpert247
Name:
Synonym for "incentive"
Advantage
Profit
Benefit
Stimulus
Costs can be fixed or _____
Permanent
Variable
Interchangeable
Inconsistent
What is Russian for "floor price"
пороговаѝ цена
макѝимальнаѝ цена
минимальнаѝ цена
ѝтартоваѝ цена
What is English for "золотовалютные резервы"
Gold and money reserves
Gold and currency reserves
Commodity and cash reserves
National bank reserves
What is the opposite of shortage
Surplus
Lack
Demand
Supply
______ is the amount of goods and services that can be purchased with a unit of currency.
Commodity range
Buying capacity
Purchasing power
Clients satusfaction
_____ is the minimum level of income deemed adequate in a particular country.
Minimum salary
Economic baseline
Salary index
Poverty line
This international organization is based in Geneva
UN
EU
WTO
WB
This person is responsible for the money and bank accounts of a company or organization
Chief financial officer
Treasurer
Bank clerk
Financial advisor
This person is a business professional who analyzes the financial consequences of risk.
Actuary
CEO
Tax officer
Chartered accountant
To take out a loan you should have a good____
Lawyer
Business partner
Credit history
Entrepreneurial spirit
Russian for "IMF"?
МБВ
МВК
МВФ
МФВ
What is the opposite of "assets"?
Losses
Passives
Obligations
Liabilities
What is Russian for "VAT"?
НДС
ВНТ
ИПН
ТОО
____is a general decline in the stock market over a period of time.
Price drop
Plummeting
Bear market
Bull market
Russian for "stocks and shares"
акции и облигации
акции и доли
доли и прибыли
дивиденды и проценты
What is English for "откат"?
Bribe
Forgery
Money in the pocket
Kickback
____ is the monetary value of all finished goods and services made within a country during a specific period.
VAT
CAPEX
GDP
EBITDA
____ is the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets
Percent rate
Individual tax
Loan's share
Interest rate
English for "кредитоѝпоѝобноѝть"
Credibility
Creditworthiness
Credit capacity
Credit ratio
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