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Economics @ Nexus rocks-End of Term Quiz

Total questions: 116

Worksheet time: 2hrs 45mins

Name
Class
Date
1.

How many stars are on the American Flag?

a)

13

b)

50

c)

51

d)

62

2.

How many black keys are found on a traditional piano?

a)

32

b)

34

c)

52

d)

50

3.

What is the warmest sea on Earth?

a)

Black Sea

b)

Red Sea

c)

White Sea

d)

Dead Sea

4.

What year were the first Air Jordan's released?

a)

2000

b)

1970

c)

1984

d)

1998

5.

Who is this?

a)

Ralph

b)

Mike

c)

Sully

6.
Which is the world's largest ocean?
a)
Artic
b)
Atlantic
c)
Indian
d)
Pacific
7.

This animal has a very long neck and lives in Africa.

(a)  

8.

Hg is the chemical symbol of which element?

a)

Hg is the chemical symbol of which element?

b)

Gold

c)

Platinum

d)

Mercury

9.

What was Britney Spears’ first song?

a)

"Girl In The Mirror"

b)

"Baby One More Time"

c)

"OOPS.. I Did It Again"

d)

"Stranger"

10.

How many bones do sharks have in their bodies?

a)

1,367

b)

30

c)

580

d)

0

11.

What is your body’s largest organ?

a)

Heart

b)

Kidney

c)

Lungs

d)

Skin

12.

Which company owns Bugatti, Lamborghini, Audi, Porsche, and Ducati?

a)

BMW

b)

Volkswagen

c)

Mercedes Benz

d)

Fiat

13.

‘Smells Like Teen Spirit’ was a hit for which grunge band?

a)

Nirvana

b)

Mirwana

c)

Metallica

d)

Green Day

14.

Which Irish band had hits with ‘Linger’, ‘Salvation’, and ‘Zombie’?

a)

A Camp

b)

Sixpence None The Richer

c)

The Cardigans

d)

The Cranberries

15.
a)

Thundercats

b)

X-Men

c)

He-Man and The Masters of the Universe

d)

The Justice League

16.

Which TV series had the theme tune ‘I’ll Be There For You’ by The Rembrandts?

a)

Seinfeld

b)

Modern Family

c)

Friends

d)

Dawson's Creek

17.

What is the name of the Spice Girls first number 1 hit?

a)

If You Wanna Be My Lover

b)

Wannabe

c)

Viva Forever

d)

Spice Up Your Life

18.

'Barbie Girl' is a best-selling song in 1997, who sang it?

a)

Vengaboys

b)

Aqua

c)

Ace of Base

d)

Britney Spears

19.

Which band thought he was ‘pretty fly for a white guy’?

a)

Sum 41

b)

Blink-182

c)

The Offspring

d)

System Of A Down

20.

Marshall Bruce Mathers is better known by his stage name of what?

a)

Stan

b)

Slim Shady

c)

Eminem

d)

B-Rabbit

21.

When Michael Jordan played for the Chicago Bulls, how many NBA Championships did he win?

a)

4

b)

5

c)

6

d)

7

22.

What is the slogan of Apple Inc?

a)

Just do it

b)

Do what you can't

c)

Think different

d)

Making the world a better place, one upgrade at a time

23.

What is the chemistry symbol for silver?

a)

Au

b)

Ag

c)

Sl

d)

Sn

24.

What is the rarest M&M colour?

a)

Blue

b)

Red

c)

Brown

d)

Green

25.

Guess the series!

(a)  

26.

Guess the movie!

(a)  

27.

Guess the movie!

(a)  

28.

Guess the movie!

(a)  

29.

What does the Internet prefix WWW stand for?

a)

Wide Width Wickets

b)

World Wide Web

c)

Worldwide Weather

d)

Wide World Web

30.

What operating system did Google develop?

a)
b)
c)
d)
31.
Who is the goddess of love in Greek mythology?
a)
Aphrodite
b)
Venus
c)
Athena
d)
Cybele
32.
What food is more effective at waking you up in the morning?
a)
yoghurt
b)
coffee
c)
apples
d)
cookies
33.
How long did it take Leonardo da Vinci to paint Mona Lisa?
a)
5 years
b)
10 years
c)
7 years
d)
8 years
34.
Which animal sleeps with one eye open?
a)
gorillas
b)
dolphins
c)
snakes
d)
lions
35.
Who is the Spanish artist, sculptor and draughtsman famous for co-founding the Cubist movement?
a)
Dalí
b)
Picasso
c)
Sorolla
d)
Miró
36.
   Scarcity can best be defined as 
a)
A Shortage of a product
b)
Where demand is greater than supply
c)
Unlimited wants vs Limited resources 
d)
Limited wants vs unlimited resources 
37.
(3) Which of the following is NOT a consumer good?
a)
a bulldozer at a construction site
b)
a Happy Meal at McDonalds
c)
a pack of Doritos in a vending machine
d)
a television set for sale at an appliance store
38.
(2) Which of the following resources would economists classify as “capital”?    
a)
Raw Bauxite in a South African mine 
b)
A hammer used in framing a house 
c)
A worker hired to repair engines 
d)
Trees used to make paper 
39.
The law of demand states that
a)
consumers demand a larger quantity of a good when price is low.
b)
consumer demand increases when price is low.
c)
sellers supply a larger quantity of a good when price is high.
d)
sellers increase supply when price is high.
40.
The ideal price and level of output occurs where
a)
Marginal Revenue and Marginal Cost cross
b)
MR = AVC
c)
Average Fixed Cost equal ATC
d)
MR = MT
41.
A  point above the PPF curve represents
a)
efficiency
b)
inefficiency
c)
Unemployment
d)
Unattainable
42.
When economists measure the responsiveness of consumers to changes in price, they are measuring:
a)
the percentage change in price
b)
the price elasticity of demand.
c)
the price elasticity of supply.
d)
income elasticity.
43.
Organizers of many high-interest sporting events such as the Super Bowl and the World Series usually set ticket prices lower than the equilibrium price, citing fairness to the public as their reason. What names do economists give to the resulting set price and disequilibrium situation?
a)
price ceiling; surplus
b)
price ceiling; shortage
c)
price floor; shortage
d)
price floor; surplus
44.
In which market structure does a firm have greatest control over its product’s price?
a)
perfect competition
b)
monopoly
c)
oligopoly
d)
monopolistic competition
45.
Interdependence and price leadership are characteristics of firms in what kind of market structure?
a)
monopoly
b)
oligopoly
c)
monopolistic competition
d)
perfect competition
46.

A government achieves a high rate of economic growth.


How may this conflict with other government aims?

a)

it may increase government income

b)

it may increase incomes for the lower paid

c)

it may increase the supply of exports

d)

it may increase the volume of imports

47.

When is a direct tax described as progressive?

a)

when the government changes the basic rate of tax in each budget

b)

when the government taxes companies rather than individuals

c)

when the tax takes a larger proportion of earnings as earnings increase

d)

when the tax takes a smaller proportion of earnings as earnings increase

48.

During 2009 some government adopted policies to try end recession in their country and increase economic growth.


Which combination of policies os most likely to achieve this?

a)

lower taxes and decrease government spending

b)

lower taxes and increase government spending

c)

raise taxes and decrease government spending

d)

raise taxes and increase government spending

49.

This means that the government should not interfere in the marketplace.

a)

Laissez Faire

b)

Capitalism

c)

Communism

d)

Socialism

50.

The amount of money a business makes after its expenses are paid

a)

profit

b)

supply

c)

demand

d)

scarcity

51.

Focusing on a narrow range of products/services that can be produced most efficiently and cost-effectively.

a)

subsistence

b)

specialization

c)

scarcity

d)

bartering

52.

Competition and profit motive are important characteristics of a:

a)

command economy

b)

traditional economy

c)

market economy

d)

socialist economy

53.

A economist who introduced the steady increase of the supply of money within growing economies.

a)

David Ricardo

b)

John Maynard Keynes

c)

Milton Friedman

d)

Beatrice Webb

54.

The development of a worldwide economy where resources flow fairly freely across borders.

a)

Globalization

b)

Economy

c)

GDP

d)

Economic Independence

55.

Privatization refers to ....

a)

Transfer of assets from people to government

b)

Transfer of assets from public to private organizations

c)

Transfer of assets from corporate to public

d)

Transfer of assets from corporate to government

56.

Government and private sector in Islamic economy make an economic decision based on:

a)

Books

b)

Opinion

c)

Al-Quran and Hadith

d)

Internet

57.

(a)   resources cannot be replaced or restored by nature.

58.

He is the Father of modern Economics

a)

Adam Smith

b)

Charles P. Kindleberger

c)

Simon Kuznets

d)

Merton Miller

59.

Based on the Philip Curves, the decrease in inflation will result to_____.

a)

Increase in unemployment

b)

Decrease in unemployment

c)

Market failure to allocate resources efficiently

d)

decrease in the quantity of money being created

60.

What is an exchange rate?

a)

The rate at which goods are exchanged between two countries

b)

The price of one nation's currency in terms of another's

c)

How many US dollars you can exchange for RMB at Travelex

d)

The price of goods in terms of a foreign currency

61.

According to the table, what is the Euro equivalent of 1 USD?

a)

1.32 Euros

b)

0.53 Euros

c)

.76 Euros

d)

1.59 Euros

62.

What type of exchange rate system do most countries operate under?

a)

Flexible

b)

Floating

c)

Fictitious

d)

Fixed

63.

What is the difference between a fixed rate exchange system and a floating rate system?

a)

Government sets rate vs market sets rate

b)

Doesn't exist vs does exist

c)

Never changing vs always changing

d)

Currency never appreciates vs can appreciate

64.

If the US $ were to appreciate in relation to the Euro, what effect would this have?

a)

European consumers would have more purchasing power in US

b)

US consumers can buy more European goods and services for fewer $$

c)

US consumers can buy more English goods and services for fewer $$

d)

European tourists to the US will spend more $$

65.

What is the impact of higher inflation on currency value/exchange rate?

a)

Higher inflation leads to depreciating currency & vice versa

b)

Increasing inflation leads to more favourable exchange rates

c)

Higher inflation leads to currency appreciation

d)

Lower inflation leads to more favourable exchange rate

66.

If the Mexican Peso depreciates in relation to the Chinese Yuan, how is Mexico affected?

a)

Mexico has less purchasing power in Chinese currency

b)

Mexico benefits from increased purchasing power

c)

Mexico would have more Chinese investors

d)

They would be invaded by China

67.

The currency exchange rate of the South African rand for the Botswana pula fell by 5.7% between August 2014 and August 2015. What would be the immediate effect of this?

a)

Botswana’s level of protection would fall.

b)

Botswana’s tourists travelling to South Africa would find it less expensive

c)

South Africa’s imports would be cheaper.

d)

South Africa’s tourists travelling to Botswana would receive more pula per rand

68.

The US currently trades in oil with the UK. The discovery of new oil and gas deposits in the US will mean that its oil imports decrease and its oil exports increase.

From the initial equilibrium point of X, which letter indicates the new equilibrium point for the US exchange rate?

a)

A

b)

B

c)

C

d)

D

69.

What's the name of the song?

a)

None

b)

Dance monkey.

c)

Dance shark.

d)

Baby shark.

70.

What is the name of the song?

a)

Love Song

b)

Poker Face

c)

Bad Romance

d)

Well Romance

71.

Choose which lyrics are correct

a)

Lektop lektop skecer, lektop lektop mekbuk

ai laik yor skecer, yu laik mi mai guci sus

b)

Shawty bad with the skechers on wanna hold your hand. I just can't stop thinking about her

c)

Light up light up Skechers, Light up light up my world

I like your Skechers, You like me my Gucci shoes

d)

Look me in the eyes tell me what you see

perfect paradise tearing at the seams

72.

"Pure Imagination" is a song from which Disney film?

a)

Pocahontas

b)

Willy Wonka and the Chocolate Factory

c)

Frozen II

d)

Pirates of the Caribbean: Dead Men Tell No Tales

73.

Demi Lovato said that her favorite dish is.......

a)

Pizza

b)

Chicken wings

c)

Apple pie

d)

a mug

74.

'Born in the USA' was sung by...

a)

David Bowie

b)

Rick Springfield

c)

Bruce Springsteen

d)

Lionel Richie

75.

Which Michael Jackson video was later listed in the Guiness World Records as "Most Successful Music Video'?

a)

Beat It

b)

Man in the Mirror

c)

Thriller

d)

Smooth Criminal

76.

In early 2019, Ariana Grande held the top three spots on the Billboard Hot 100. Who is the only other artist(s) to have achieved this feat prior to her?

a)

Michael Jackson

b)

The Beatles

c)

Beyonce

d)

The Rolling Stones

77.

The song "Happy" by Pharrell Williams was written for which animated film?

a)

Minions

b)

Toy Story 2

c)

Frozen

d)

Despicable Me

78.

Finish the lyric to the song "Old Town Road" by Lil Naz


I got the horses in the back

Horse tack is attached

Hat is matte black

Got the ___________________

a)

socks that mix and match

b)

lunch bag in my sack

c)

boots that's black to match

d)

reins and pull them back

79.

ABBA originated in which country?

a)

Switzerland

b)

Germany

c)

Belgium

d)

Sweden

80.

Name that song!

a)

I Want It That Way

b)

As Long as You Love Me

c)

Shape of My Heart

d)

The One

81.

This iconic photo is of what band?

(a)  

82.

What was Prince's birth name?

a)

Graham

b)

Ian

c)

Gary

d)

Prince

83.

Name that ARTIST!

(a)  

84.

Will.i.am is best known for performing with which group?

(a)  

85.

Between the Williams' sisters, who has won more Grand Slam titles?

a)

Venus

b)

Serena

86.

The Olympics are held in every __ years?

a)

3

b)

4

c)

5

d)

6

87.

In volleyball, the second hit is called what?

a)

Dig

b)

Set

c)

Spike

d)

Bump

88.

According to MLE (Major League Eating), hot dog eating contests should officially be how long?

a)

10 minutes

b)

8 minutes

c)

6 minutes

d)

5 minutes

89.

In a game of basketball, how many steps may be taken before passing or shooting. (without dribbling)

a)

2

b)

1

c)

5

d)

3

90.

What is the maximum number of hits per side in volleyball?

a)

4

b)

2

c)

1

d)

3

91.
Who am I
a)
Mike Tyson
b)
Floyd Mayweather
c)
Sugar Ray Robinson
d)
Muhammad Ali
92.

Where did LeBron go to college?

a)

He didn't go to college

b)

Duke

c)

UNC

d)

Stanislaus State

93.

How far off the ground is the basket?

a)

10 feet

b)

9 feet

c)

12 feet

d)

5 feet

94.

What is Nemo's Dad's name in Finding Nemo?

a)

Melvin

b)

Marlin

c)

Milton

d)

Martin

95.

What was the first Pixar Movie?

a)

A Bug's Life

b)

Finding Nemo

c)

Monsters Inc

d)

Toy Story

96.

Where is Thanos from?

a)

Knowhere

b)

Titan

c)

Asghad

d)

Velixir

97.

In Infinity War, who was the first person we saw turn to dust?

a)

Iron Man

b)

Spiderman

c)

Black Widow

d)

Winter Soldier

98.

What's his name?

a)

Hogun

b)

Volstagg

c)

Korg

d)

Fandral

99.

Who was the main villain in Captain America: The First Avenger?

a)

The Winter Soldier

b)

Doctor Doom

c)

Red Skull

d)

Baron Zemo

100.

What's the name of the magical village that Shang-Chi's mother guards?

a)

Ta Mo

b)

Pa Lo

c)

Ka Lo

d)

Ta Lo

101.

The spiritual leader of the Eternals that serves as a “bridge” between the Eternals and the Celestials is...

a)

Ajak

b)

Thena

c)

Sersi

d)

Makkari

102.

Thor played what video game in Avengers: Endgame?

a)

Minecraft

b)

Fortnite

c)

Crossfire

d)

GTA

103.

In the movie 'The Dark Knight', who played the role of the Joker?

a)

Cesar Romero

b)

Jack Nicholson

c)

Jared Leto

d)

Heath Ledger

104.
Question Image

Match the following:

a)

1.

Iron Man

b)

2.

Black Widow

c)

3.

The Hulk

d)

4.

HawkEye

e)

5.

Captain America

105.

Which singer is known for her hit song 'Bad Guy'?

a)

Ariana Grande

b)

Billie Eilish

c)

Taylor Swift

d)

Selena Gomez

106.
Question Image

Match the following:

a)

1.

Frodo

b)

2.

Samwise

c)

3.

Gandalf

d)

4.

Gollum

e)

5.

Bilbo

107.

You are at a music trivia night and the host asks, 'Which artist released the hit song 'Shape of You' in 2017?'

a)

b)

c)

d)

108.

how long was wilt chamberlin on the lakers

a)

14 years

b)

10 years

c)

7 years

d)

17 years

109.

who grabbed 55 rebounds in a game

a)

Wilt Chamberlan

b)

Lebron James

c)

Dennis Rodmen

d)

Shaq

110.

What African-American woman made history when she refused to give up her seat on a bus to a white man?

a)

Oprah Winfrey

b)

Michelle Obama

c)

Rosa Parks

d)

Aretha Franklin

111.

Who has the most points per game in a season

(50 ppg)

a)

Michael Jordan

b)

Wilt Chamberlain

c)

Kareem Abdul-Jabbar

d)

Kobe Bryant

112.

Who has the most rebounds per game in a season?

(27RPG)

a)

Bill Russell

b)

Wilt Chamberlain

c)

Kareem Abdul-Jabbar

d)

Ben Wallace

113.

Who is this player? (select all that apply)

a)

Daddy

b)

Karl Anthony Towns

c)

Wilt Chamberlain

d)

"THE BIG DIPPER"

114.

Who is this player?

a)

Lillard

b)

None of the above

c)

Bron

d)

Curry

115.

who has the most records in nba history

a)

Bill Russell

b)

Kareem Abdul Jabbar

c)

Lebron James

d)

Wilt Chamberlain

116.

What is the final score of the first basketball game?

a)

A. 0 - 0

b)

B. 10 - 0

c)

C. 1 - 0

d)

D. 5 - 3

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