Features

Quiz of the week, 29 August – 4 September

Test your recollection of the events of the last seven days with MoneyWeek's quiz of the week.

1. Farm animal Double Diamond sold for 350 guineas (£367,500) this week, breaking the record for the most expensive of its kind to be sold at auction. What kind of animal was he?

a. Ram, b. Bull, c. Stallion, d. Boar

2. At least how many subsidised meals were eaten by diners as part of the August “Eat out to Help Out” scheme?

a. 75 million, b. 80 million, c. 85 million, d. 100 million

3. Australia slid into a recession this week after two consecutive quarters of contractions. It had previously held the record for the developed country with the longest period of continued growth. When did it last fall into recession?

a. 1993, b. 1989, c. 2008, d. 1991

4. Which long-ruling world leader announced his resignation this week due to ill health?

a. Kim Jong-Un, b. Shinzo Abe, c. Lee Hsien Loong, d. Prayut Chan-o-cha

5. The government used taxpayers' money to pay whom to promote the NHS Test and Trace service?

a. Nurses, b. The cast of Downton Abbey, c. Love Island cast members, d. Daniel Craig

6. Which East Asian country is facing a growing risk of sovereign default as coronavirus takes a toll on its economy?

a. Laos, b. Myanmar, c. Cambodia, d. Indonesia

7. MacKenzie Scott, philanthropist, author and ex-wife of Amazon CEO Jeff Bezos, became the wealthiest woman in the world this week, surpassing L’Oreal heiress Françoise Bettencourt Meyers. What is Scott’s net worth?

a. $62.4bn, b. $66.3bn, c. $68bn, d. $56.5bn

8. India reported a record daily rise of Covid-19 cases this Thursday with how many new infections?

a. 79,883, b. 81, 883, c. 85, 883, d. 83,883

9. Swedish oat milk company Oatly was in hot water this week after it was revealed a huge stake was sold to Blackstone, a powerful private equity firm with links to deforestation and headed by Trump donor Stephen Schwarzman. How much was the stake worth?

a. $180m, b. $200m, c. $240m, d. $150m

10. Sandwich-shop chain Pret a Manger is to launch what service this week in an attempt to get customers back in to its shops following a serious sales slump during lockdown?

a. A refer-a-friend scheme, b. 50% off everything on the menu, c. A monthly subscription service, d. A skip-the-queue, contactless, free collection service

Answers

1. a. Ram. A trio of breeders joined forces to pay the highest price ever for a sheep.

2. d. 100 million .

3. d. 1991.

4. b. Shinzo Abe

5. c. Love Island cast members. The social media campaign reached over 7 million people in the government’s latest bid to promote the test and trace service.

6. a. Laos. The country’s foreign exchange reserves have fallen below $1bn, less than its annual debt payments. The ministry of finance has asked China, the country’s biggest creditor, for advice on restructuring.

7. c. $68bn.

8. d. 83,883.

9. b. $200m.

10. c. A monthly subscription service. The offer will allow customers up to five drinks a day every month for £20 per month, covering coffee, tea, hot chocolate, smoothies, and frappés.

Recommended

Just how green is nuclear power?
Energy

Just how green is nuclear power?

Nuclear power is certainly very clean in terms of carbon emissions, but what about the radioactive waste produced as a byproduct? It’s not as much of …
22 Jan 2022
Why GSK should turn down Unilever’s billions
UK stockmarkets

Why GSK should turn down Unilever’s billions

Unilever has offered GSK £50bn for its consumer division. But while the cash will be a temptation, the deal is not in the interests of shareholders or…
22 Jan 2022
The charts that matter: the start of the big crash?
Global Economy

The charts that matter: the start of the big crash?

US tech stocks fell further this week, more than 10% down on their November high. There’s what happened to the charts that matter most to the global e…
22 Jan 2022
Cryptocurrency roundup: authorities tighten the screw
Bitcoin & crypto

Cryptocurrency roundup: authorities tighten the screw

Saloni Sardana looks at the cryptocurrency stories that caught our eye this week.
21 Jan 2022

Most Popular

Ask for a pay rise – everyone else is
Inflation

Ask for a pay rise – everyone else is

As inflation bites and the labour market remains tight, many of the nation's employees are asking for a pay rise. Merryn Somerset Webb explains why yo…
17 Jan 2022
Temple Bar’s Ian Lance and Nick Purves: the essence of value investing
Investment strategy

Temple Bar’s Ian Lance and Nick Purves: the essence of value investing

Ian Lance and Nick Purves of the Temple Bar investment trust explain the essence of “value investing” – buying something for less than its intrinsic v…
14 Jan 2022
US inflation is at its highest since 1982. Why aren’t markets panicking?
Inflation

US inflation is at its highest since 1982. Why aren’t markets panicking?

US inflation is at 7% – the last time it was this high interest rates were at 14%. But instead of panicking, markets just shrugged. John Stepek explai…
13 Jan 2022