Bank Underground - 2018 Christmas Quiz

Q1. (Central Bank Communications) Which central banker broke new sartorial ground in December 2014 by donning a Christmas Jumper to announce an interest rate cut?
Janet Yellen of the Federal Reserve System
Oystein Olsen of the Norges Bank
Stefan Ingves of the Riksbank
Mar Gudmunsson of the Icelandic Central Bank
Q2. (Economic History) Most historians place the birth of Jesus at a just a few years before 1 AD. According to the Maddison dataset, what was world GDP per capita (in 1990 PPP-adjusted US dollars) at the time?
$144
$444
$1444
$4444
Q3. (Agricultural economics) Which is the largest producer of cranberries in the European Union?
Finland
Estonia
Latvia
Poland
Q4. (Labour economics) In Charles Dickens’ 1843 classic “A Christmas Carol”, Scrooge pays Bob Cratchit a salary of 15 shillings a week. How much does that equate to at today’s prices?
£60
£160
£360
£660
Q5. (International Finance) What currency is dispensed by the cash machine farthest away from Santa’s home at the North Pole?
US dollars
Chilean Pesos
New Zealand dollars
Australian dollars
Q6. (Monetary Policy) The Bank of England has only ever changed its policy rate on Christmas Eve once in its entire history. When was it and why?
In 1973 when a sudden spike in oil prices led to a build up of inflationary pressure
In 1929 when the injected liquidity after investors were spooked by large stock market losses
In 1857 when the global financial crisis dissipated and the Bank reversed its emergency measures.
In 1794 when a clerk who was hungover from a Christmas party the night before made a scribing error
Q7. (International economics) Euro notes and coins appeared for the first time on New Year’s day 2002. How many EU states were members of the single currency on that day?
8
10
12
14
Q8. (Microeconomics) Which was the last Christmas in which Brussels sprouts were included in the basket of goods used for calculating UK inflation?
1986
1996
2006
2016
Q9. (Prudential Regulation) In which classic Christmas film does a bank run occur?
Miracle on 34th Street
The Snowman
Muppet Christmas Carol
It’s a Wonderful Life
Q10. (Notes) Mary and the baby Jesus feature on the banknotes of which country?
Macedonia
Malawi
Mexico
Moldova
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