Economics trivia

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• How many stocks make up the Dow Jones Industrial Average?US markets
• How is the Dow Jones Industrial Average calculated?US markets
• What are the trading hours of the US regular session in local Eastern Time?US markets
• What is the stretch of trading before the US regular session opens called?US markets
• Which index is built from the 100 largest non-financial companies listed on Nasdaq?US markets
• Which stock exchange, on Wall Street, is the largest in the world?US markets
• What is the alphabetic short form that stands for a stock in the US market called?US markets
• Which US stock exchange is best known for the number of technology companies listed on it?US markets
• Which currency are US stocks bought and sold in?US markets
• Which stock index is built from 500 leading US companies?US markets
• The US stock market closes for the public holidays of other countries as well as its own.US markets
• In the Dow Jones Industrial Average, the higher a stock's share price, the greater its effect on the index.US markets
• Nasdaq began as a market where trades were matched electronically rather than by people gathered on a trading floor.US markets
• The S&P 500 is an index built from 500 leading US companies.US markets
• US stocks can be traded only during the regular session, with no trading at all before or after it.US markets
• The Dow Jones Industrial Average is calculated from every company listed in the United States.US markets
• The New York Stock Exchange (NYSE) is in the United States, but Nasdaq is an exchange in the United Kingdom.US markets
• US stocks trade in dollars, but for an investor holding another currency a move in the exchange rate does not change the return.US markets
• Every US-listed stock is identified by a short alphabetic name called a ticker.US markets
• The US regular session runs on Eastern Time, so for investors in East Asia it opens in the middle of the night.US markets
• Which tax must be paid every year for owning a car?Tax
• What is the rate of value-added tax in Korea?Tax
• What is the method of taxation that applies a higher rate as income rises?Tax
• What do we call a tax where the person who pays it and the person who really bears it are different?Tax
• Which tax is charged on the profit a company earns?Tax
• What do we call the taxes collected by local governments and spent on running the local area?Tax
• Which is the main tax included in the price you pay when you buy goods?Tax
• Which tax is paid on the income earned from work?Tax
• Which of the following is one of the four basic duties of a citizen under the constitution of South Korea?Tax
• What is the main reason a state collects taxes?Tax
• Taxes have nothing to do with running a country, so there is no need to collect them.Tax
• In Korea the rate of value-added tax is 10%.Tax
• Under income tax everyone pays the same amount, whether their income is large or small.Tax
• Income tax is a progressive tax, applying a higher rate as income rises.Tax
• A tax where the person who pays it and the person who really bears it are different is called an indirect tax.Tax
• Corporate tax is the tax charged on the wages an individual earns.Tax
• In Korea every tax is a national tax collected by the central government.Tax
• Under the constitution of South Korea, paying taxes is one of the duties of a citizen.Tax
• Income tax is the tax paid on the income a person earns.Tax
• The tax included in the price you pay when you buy goods is called value-added tax.Tax
• What do we call goods that are worth more when used together, such as a printer and its ink?Supply, demand and price
• What appears in a market when the price is below equilibrium?Supply, demand and price
• With demand unchanged, what generally happens to the price when supply rises?Supply, demand and price
• With supply unchanged, what generally happens to the price when demand rises?Supply, demand and price
• By the law of supply, what happens to the quantity sellers offer when the price rises?Supply, demand and price
• What do we call the state of wanting many things while resources are limited?Supply, demand and price
• What do we call the side of a market that wants to buy?Supply, demand and price
• What does it mean for the price elasticity of demand to be high?Supply, demand and price
• What do we call the price set at the point where quantity demanded equals quantity supplied?Supply, demand and price
• What do we call goods that can be used in place of one another, such as cola and lemon-lime soda?Supply, demand and price
• Goods that can be used in place of one another, so that demand for lemon-lime soda rises when the price of cola goes up, are called substitutes.Supply, demand and price
• Goods that are worth more when used together, such as a printer and its ink, are called complements.Supply, demand and price
• When the price is below equilibrium, goods pile up unsold in excess supply.Supply, demand and price
• By the law of demand, the higher the price goes, the more of the good people want to buy.Supply, demand and price
• A market price is formed by the interaction of demand and supply.Supply, demand and price
• By the law of supply, the higher the price goes, the more sellers want to sell.Supply, demand and price
• The state of wanting many things while resources are limited is called scarcity.Supply, demand and price
• With supply unchanged, a rise in demand usually pushes the price down.Supply, demand and price
• A luxury good is always a Giffen good.Supply, demand and price
• The price set at the point where quantity demanded equals quantity supplied is called the equilibrium price.Supply, demand and price