BMIG Meeting_9/29

What does IRS stand for?

• Ideal Ratings System

• International Revenue Service

• Incremental Rate System

• Internal Revenue Service

What is the highest percentage that you can be taxed on federally in the US?

• 51%

• 23%

• 37%

• 18%

Who is Ben Bernanke?

• Former Commissioner of the Internal Revenue Service

• Former Chair of the Federal Reserve of the United States

• Former Secretary of the Treasury

Fill in the blank: When demand goes up, prices "_________".

• go down

• remain the same

• go up

Who is Philip Esformes?

• Former Secretary of Treasury

• Convicted of largest healthcare fraud case in US history

• Dr. Miami

• Former Baptist CEO

When are taxes due?

• April 15

• April 10

• March 15

• March 10

What does GDP stand for?

• Gross Domestic Product

• Gross Debt Projection

• Great Debt Product

• Gross Damaged Goods

What does the S&P 500 track?

• Biggest 500 companies in the world based on market cap

• Biggest 500 companies in the USA based on market cap

• 500 companies with the highest NYSE stock prices

• 500 companies with the lowest NYSE stock prices

What is the national currency of Turkey?

• Turkish dollar

• Euro

• Dinar

• Lira

What is the name of the department in the US that issues US bonds? 

• Federal Reserve

• Department of the Treasury

• Congress

• Department of Homeland Security