Business Quiz 2-14-24

Jobs for athletes and coaches are projected to boom 9% by 2032, ____ the growth rate of the overall job market, according to the Bureau of Labor Statistics

• on pace with

• double

• triple

• less than

Which industry bought the highest percentage of available ads during the Super Bowl LVIII broadcast?

• E-commerce

• Food and beverage

• Travel

• Alcohol

Between 2017 and 2023, the average cost of a wedding in the U.S. dropped from $33,391 to $30,000. ($30,000!!!) This was a decrease of roughly _____.

• 3%

• 5%

• 33%

• 10%

Sam invests $150,000 in AT&T stock. Two years later, the value of the stock has increased to $170,000, and he sells all of it. Assuming a capital gains tax rate of 15%, how much will Sam pay in capital gains tax?

• $20,000

• $2,000

• $3,000

• None of the above

Last night Iowa's Caitlin Clark broke the NCAA women's basketball scoring record. Clark has NIL deals with brands such as Nike, Gatorade, and State Farm. What does NIL stand for?

• New Image License

• Nike Individual Legacy

• Name, Image, and Likeness

• National Invitational League

A ___ plan is a type of retirement plan offered to employees of government and tax-exempt groups, such as schools, hospitals and churches.

• 401(k)

• 403(b)

• 529

• deferred investment

_____ announced it will stop licensing its songs to TikTok due to issues like pay disagreements and AI concerns, meaning millions of TikTok videos using these songs will be muted.

• Sony

• Capital Records

• Universal Music Group

• Apple

Chuck E. Cheese is releasing a 128-page cookbook - real announcement or AI-generated hoax that has caused the Federal Trade Commission to investigate X/Twitter?

• Real

• Hoax

Jordan buys one $4 cup of coffee every weekday. Assuming he takes two weeks of vacation in which he does not buy coffee, how much will Jordan spend on coffee in one year?

• $40,160
• $4,160
• $600

• $1,000

Amazon debuted an AI shopping assistant in its mobile app. What is the "assistant's" name?

• Rufus

• Mr. Bojangles

• Amy

• Karl