Unit 4: Ch 10 & 11

Front

being able to pay in various denominations of money

Back

divisibility

Front

Which is not a Characteristic of Money? Durability, Portability, Divisibility, Invincibility

Back

Invincibility

Front

__________ is a currency that must be accepted for payment by decree of government

Back

Legal tender

Front

You can easily carry money in a pocket or a purse. This reflects what characteristic of money?

Back

portability

Front

Which is a good synonym for the word barter in the term barter economy?

Back

Trade

Front

Gold Standard

Back

basic unit of currency is equivalent to a specific amount of gold

Front

Federal Deposit Insurance Corporation (FDIC)

Back

the U.S. government institution that provides insurance on deposits

Front

What basic investment strategy are you considering when you spend $1,000 to buy 100 shares of 10 different stocks rather than spending $1,000 to buy 1,000 of a single stock?

Back

diversification

Front

What are the basic components of a bond?

Back

maturity, par value, coupon rate

Front

Dow Jones Industrial Average consists of 30 stocks that are considered representative of the market as a whole.

Back

True