This is Gamony Word & Number quiz, Answer some historical questions and earn coins in gamony app
Simply click on “let’s play” then answer 10-15 questions to get a quiz code, Enter it on gamony quiz section to claim the coins
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Question of
Which international organization is responsible for maintaining global economic stability?
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a) United Nations (UN)
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b) International Monetary Fund (IMF)
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c) World Trade Organization (WTO)
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d) World Bank (WB)
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Question of
What is the primary function of the World Bank?
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a) Providing loans to developing countries for infrastructure projects
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b) Regulating global financial markets
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c) Negotiating international trade agreements
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d) Providing humanitarian aid during crises
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Question of
Which country has the largest economy by nominal GDP as of 2022?
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a) China
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b) United States
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c) Japan
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d) Germany
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Question of
What does GDP stand for?
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a) Gross Domestic Product
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b) Gross Domestic Potential
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c) Global Development Program
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d) General Domestic Progress
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Question of
Which economic indicator measures the average change over time in the prices paid by urban consumers for a basket of consumer goods and services?
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a) GDP
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b) CPI
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c) PPI
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d) GDP per capita
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Question of
What is the term for a sustained increase in the general price level of goods and services in an economy?
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a) Deflation
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b) Stagflation
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c) Inflation
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d) Capital gains
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Question of
Which economic theory emphasizes the role of government intervention to manage economic fluctuations, stabilize prices, and achieve full employment?
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a) Keynesian economics
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b) Monetarism
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c) Supply-side economics
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d) Austrian economics
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Question of
Which region is known as the “factory of the world” due to its significant manufacturing output?
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a) South America
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b) Africa
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c) Europe
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d) East Asia
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Question of
Which of the following is an example of royalty income?
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a) Earnings from freelance work
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b) Dividends from stocks
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c) Payments for using copyrighted material
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d) Interest from savings account
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Question of
What type of income is generated from owning a business and receiving profits from its operations?
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a) Passive income
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b) Active incomee
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c) Portfolio income
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d) Extreme heat
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Question of
Which income source is typically associated with steady, predictable payments over time?
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a) Salary
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b) Royalty income
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c) Capital gains
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d) Dividend income
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Question of
Which economic system is characterized by private ownership of the means of production and the pursuit of profit?
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a) Capitalism
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b) Socialism
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c) Communism
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d) Mixed economy
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Question of
What is the term for the condition where economic growth slows down, often resulting in decreased consumer spending and business investment?
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a) Depression
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b) Recession
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c) Stagnation
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d) Hyperinflation
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Question of
Which international trade agreement aims to reduce trade barriers and promote free trade among its member countries?
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a) NAFTA
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b) EU
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c) ASEAN
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d) TPP
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Question of
What is the term for the total value of a country’s exports minus the total value of its imports?
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a) Balance of trade
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b) Current account balance
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c) Trade deficit
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d) Trade surplus
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