1) The United States government agreed to raise the federal debt limit last week. Per the agreement, the debt limit will increase by approximately how much by the end of the year?
a) 1 billion
b) 540 billion
c) 1 trillion
d) 2.3 trillion
2) As part of the debt limit deal, the government agreed to approximately what amount in immediate spending cuts?
a) 900 billion
b) 2.4 billion
c) 1.2 trillion
d) 4.5 trillion
3) As part of the debt limit deal, the government agreed to what amount in new revenues?
a) 0
b) 1 billion
c) 1 trillion
d) 2.7 trillion
4) The Dow Jones Industrial Average (a composite value of 30 of the top selling stocks) dropped how many points on Thursday?
a) 118 points
b) 512 points
c) 1125 points
d) 5768 points
5) What credit agency lowered the United States' bond rating to AA plus from AAA last week?
a) Moody’s
b) Lehman Borthers
c) Standard & Poor’s
d) Equifax
6) What Mexican businessman, the world’s richest man, lost $8 billion last week in the stock market?
a) Jose Altidore
b) Lazaro Cardenas
c) Vicente Fox
d) Carlos Slim
7) Forbes magazine recently named what school as the best undergraduate institution in America?
a) Harvard University
b) Stanford University
c) Brown University
d) Williams College
8) What TV network celebrated its 30th birthday last week?
a) MTV
b) ESPN
c) CNN
d) A&E
9) President Obama celebrated a birthday last week. How old is he?
a) 45
b) 50
c) 55
d) 60
10) Marvel Comics recently introduced a superhero who is half-black, half-Hispanic. Who is he?
a) The Incredible Hulk
b) Superman
c) Spider-man
d) Green Lantern