The Friday Brain-teaser from Credo Reference - this week: Finance and Investment. Answers here.
1. In finance, what does "VAT" stand for?
2. Which currency replaced the ECU (European Currency Unit) in 1999?
3. What is the meaning of the Latin phrase "per capita"?
4. Give the full name of the British economist who devised Keynesian economics.
5. In financial projections, where would you find a "hockey stick"?
6. Is a "bear market" a prolonged period of rising prices or falling prices?
7. In the USA, what is the nickname for the Federal Home Loan Mortgage Corporation (FHLMC)?
8. When talking about investments, what is a "boiler room"?
9. Is a "widow-and-orphan stock" a stock that pays high dividends and is very safe, or a stock that pays low dividends and is very risky?
10. By what name is the International Bank for Reconstruction and Development (IBRD) generally known?
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