34719 Intermediate Trivia Questions
34719 public questions at this depth. How many can you answer?
Which index measures the cost of labor for U.S. employers, including wages and benefits?
Answer
Employment Cost Index
What is the name of the interest rate that the Federal Reserve aims to set to influence monetary policy?
Answer
Federal funds rate target
What does the acronym 'JOLTS' stand for?
Answer
Job Openings and Labor Turnover Survey
Which index published by the Conference Board forecasts economic activity six to nine months ahead?
Answer
Leading Economic Index
Which quarterly BLS measure tracks the output per hour worked in the U.S. business sector?
Answer
Labor productivity
What is the term for the nominal interest rate minus the inflation rate?
Answer
Real interest rate
What is the term for a slowdown in the rate of inflation?
Answer
Disinflation
Which monthly survey measures U.S. consumer sentiment, conducted by the University of Michigan?
Answer
University of Michigan Consumer Sentiment Index
Which monthly BEA measure is personal income after taxes adjusted for inflation?
Answer
Real disposable personal income
Which price index is used to convert nominal GDP to real GDP?
Answer
GDP deflator
Which inflation index is the Federal Reserve's preferred measure for its 2% target?
Answer
Personal consumption expenditures (PCE) price index
Which monthly Census report measures the number of newly constructed homes sold?
Answer
New home sales
What percentage of total production capacity is being used, reported monthly by the Federal Reserve?
Answer
Capacity utilization rate
What is the name of the survey-based indicator that measures the economic health of the manufacturing sector in the United States?
Answer
Purchasing Managers' Index
Which coefficient is commonly used to measure income or wealth inequality within a country?
Answer
Gini coefficient
What is the name of the interest rate that U.S. banks charge each other for overnight loans of reserves?
Answer
Federal funds rate
Which investment bank popularized the use of junk bonds in the 1980s?
Answer
Drexel Burnham Lambert
Who became the first female CEO of a major Wall Street bank in 2021?
Answer
Jane Fraser
Which investment bank's CEO was known as 'The King of Wall Street'?
Answer
John Gutfreund
Which investment bank was founded in 1910 by the Salomon brothers?
Answer
Salomon Brothers
What was the total asset value of Lehman Brothers at its 2008 bankruptcy?
Answer
$639 billion
Which investment bank is credited with inventing the credit default swap in 1994?
Answer
JPMorgan Chase
What rule prohibits U.S. banks from proprietary trading?
Answer
Volcker Rule
Which investment bank was formed from the split of J.P. Morgan in 1935?
Answer
Morgan Stanley
What is the term for information barriers within financial institutions?
Answer
Chinese wall
Which UK investment bank collapsed in 1995 due to rogue trading?
Answer
Barings Bank
Which hedge fund's collapse in 1998 prompted a Wall Street bailout?
Answer
Long-Term Capital Management (LTCM)
Who was known as the 'Junk Bond King' in the 1980s?
Answer
Michael Milken
Which 2010 financial reform act included the Volcker Rule?
Answer
Dodd-Frank Act
Which 1933 US law separated commercial and investment banking?
Answer
Glass-Steagall Act
In 2010, which airline merged with Continental Airlines to form the world's largest airline?
Answer
United Airlines
In 2019, which media company was acquired by Disney for $71.3 billion?
Answer
21st Century Fox
In 2016, which tech company acquired LinkedIn for $26.2 billion?
Answer
Microsoft
In 2017, which Chinese chemical company acquired Syngenta?
Answer
ChemChina