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Federal Reserve Bank of Boston Economic Quiz

All About Coffee! 1. Apart from oil, coffee is the second most traded commodity on Earth, but where is most of the world’s coffee produced (approximately 30%)? A) Columbia B) Brazil C) Vietnam D) Peru E) India 2. 2. Approximately how many million metric tons of coffee are produced each year? A) 2 B) 10 C) 12 D) 5 E) 7 3. 3. Approximately what percent of American adults drink at least one cup of coffee every morning? A) 28% B) 72% C) 66% D) 52% E) 44% 4. 4. Coffee was discovered in 800 AD, but in what country? A) Modern Day Yemen B) Modern Day Turkey C) Modern Day Ethiopia D) Modern Day India E) Modern Day Saudi Arabia 5. 5. Fair trade coffee allows coffee farmers to receive A) extra plots of land B) more modern equipment C) a guaranteed minimum price D) an annual lump sum E) dividends from corporations in the coffee industry 6. Approximately how much per year does the United States spend in coffee imports? A) $10 billion B) $15 billion C) $5 billion D) $20 billion E) $25 billion 7. Approximately how many cups per day, on average, does a regular coffee drinker consume? A) 3.1 B) 1.6 C) 1.2 D) 3.8 E) 2.4 Created with QuizScript

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Economic quiz written by: Tony Ivanov - September 2008. Any opinions stated in this quiz are solely those of the author and do not necessarily reflect the opinion of the Federal Reserve Bank of Boston