Income that takes little or no effort is _____________________________.
Advanced Financial Literacy Unit #5 Test Review Activity

Flashcard
•
Financial Education
•
12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
passive
2.
FLASHCARD QUESTION
Front
The common disadvantage of buying a home is
Back
limited mobility
3.
FLASHCARD QUESTION
Front
Capital appreciation from an investment property is __________
Back
gains in its equity.
4.
FLASHCARD QUESTION
Front
Using debt to acquire investment assets is ____________.
Back
leverage
5.
FLASHCARD QUESTION
Front
Investment properties are a(n) ______________ asset that takes time to sell.
Back
illiquid
6.
FLASHCARD QUESTION
Front
Modeled after mutual funds, ____________________ pool investors capital who earn dividends from real estate investments.
Back
Real Estate Investment Trusts (REITs)
7.
FLASHCARD QUESTION
Front
________ are investment property ownership arrangements where all parties are equally responsible for day-to-day management.
Back
General Partnerships
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