Investing/Money Test: Master Test

Front

A savings account in a bank represents the function of money.

Back

Store of value

Front

Which of these is NOT a function of money? Options: Indivisibility, Measure of value, Store of value, Medium of exchange

Back

Indivisibility

Front

What function of money does the image represent?

Back

Standard of value

Front

Which of the following is not a characteristic of money? Divisibility, Portability, Acceptability, Responsibility

Back

Responsibility

Front

What is U.S. money currently backed by?

Back

Trust that it is worth something

Front

In which stage can you gain or lose the most money? Options: systematic investment, initial investment, strategic investment, speculative investment

Back

speculative investment

Front

Put the five stages of saving and investing in the correct order.

Back

put and take account, initial investment, systematic investment, strategic investment, speculative investment.

Front

Which stage focuses on carefully managing your investments to maximize the growth of your portfolio?

Back

strategic investment

Front

Which stage has long-term goals (such as retirement)?

Back

Systematic investment

Front

Which stage should you start first?

Back

put and take account