Economics Trivia
Flex your fiscal wit by balancing budgets, decoding supply and demand, and laughing in the face of recessions.
EXAMPLE QUESTIONS
What two economic forces interact to determine prices in a competitive market?
Supply and demand
Which economic indicator estimates average income by dividing a nation’s GDP by its population?
GDP per capita
Which institution is the U.S. central bank that adjusts interest rates to help curb inflation?
Fed
Which widely used index, sometimes dubbed the cost of living index, tracks everyday price changes for consumer goods and services?
CPI
Which British economist argued that government deficit spending can stabilize an economy during recessions?
Keynes