What do official reserves consist of?

Business Trivia / November 30, 2024

Gold And Foreign Currencies. ForEx stands for "foreign exchange currency market".

When a bank offers to extend money to a customer, it is done with what?

Business Trivia / November 30, 2024

Line Of Credit. A line of credit may take several forms such as cash credit, overdraft, demand loan, term loan, etc.

Where did Charles Ergen, ranked 34th in the "Forbes" Top 100 Richest in the U.S. in 2006, make his billions?

Business Trivia / November 29, 2024

Echostar. Charles Ergen ranked 34th on "Forbes" 2006 Rich List was 53 years old in 2006 and was worth $7.6 billion.

Which President's picture would you find on the U.S. dollar bill?

Business Trivia / November 29, 2024

George Washington. Alexander Hamilton, who was not a U.S. president, is featured on the $10 bill.

Which company supplied two freighters for the Bay of Pigs invasion?

Business Trivia / November 28, 2024

United Fruit Co.. The Cuban government had seized 35,000 acres of UFC land in Cuba.

How far does the Dow have to fall before a "circuit breaker" kicks in to halt Wall Street trading?

Business Trivia / November 28, 2024

300 Points. A "circuit breaker" or "trading curb" is a point at which a stock market will stop trading in response to substantial drops in value.