Dine and Discover- Spring 2024

What is the name of the United States central banking system?

• The Central Bank of the United States

• The Federal Reserve System

• The Dual Banking Association

• United States Banking Association

In retirement accounts, what does RMD stand for?

• Required Minimum Distribution

• Reserve Money Distribution

• Requisite Monetary Dissolution

• Required Maximum Distribution

What year was the Dow Jones Industrial Average introduced?

• 1860

• 1896

• 1912

• 1945

What is the term for risk, which reflects entire market returns and cannot be reduced by diversification?

• Liquidity risk

• Market risk

• Operational risk

• Systematic risk

Where does “Wall Street,” shorthand for America’s financial epicenter, get its name?

• The walnut tree in lower Manhattan where traders first congregated.

• The Wall Street Journal.

• The wooden wall Dutch colonists built to defend New Amsterdam

• Garret D. Wall (1783-1850), U.S. Senator from New Jersey

Which US President signed the Social Security Act into law?

• Theodore Roosevelt

• Warren G. Harding

• Franklin D Roosevelt

• Dwight D. Eisenhower

How many federal tax brackets are there currently in the US?

• Three

• Four

• Six

• Seven

Benjamin Franklin and _____ are the only two non-presidents on US currency.

• Paul Revere

• Alexander Hamilton

• John Hancock

• Thomas Paine

What is the average salary in Arizona for 2024?

• $51,560

• $53,890

• $58,620

• $61,830

Which of the following retirement accounts allow for tax-free withdrawals in retirement?

• Traditional IRA

• Roth IRA

• 401k plan

• Both B and C