
econ
Authored by Juan O
Life Skills
University
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33 questions
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1.
MULTIPLE CHOICE QUESTION
1 min ⢠1 pt
Compound Interest
Interest earned on both the principal amount and any interest already earned
Nonprofit services cooperative that accepts deposits, makes loans, and provides other financial services.
A savings alternative in which money is left on deposit for a state period of time to earn a specific rate of return
A certificate of indebtedness issued by a government or corporation for state period of time to earn a specific rate of return
2.
MULTIPLE CHOICE QUESTION
1 min ⢠1 pt
Stock
Spreading out investments to reduce risk
A share of ownership in a corporation
The ease with which an assets can be converted into cash
The portion of cooperate profits paid out to stockholders
3.
MULTIPLE CHOICE QUESTION
1 min ⢠1 pt
Dividend
The portion of cooperate profits paid out to stockholders
the chance of loss
The ease with which an assets can be converted into cash
Spreading out investments to reduce risk
4.
MULTIPLE CHOICE QUESTION
1 min ⢠1 pt
Mutual fund
Interest earned on both the principal amount and any interest already earned
A savings alternative in which money is left on deposit for a state period of time to earn a specific rate of return
Fund that pools the savings of many individuals and invests this money in a variety of stocks, bonds, and other financial assets
An index consisting of stock prices of 30 companies in various industries reflecting U.S. economic activity
5.
MULTIPLE CHOICE QUESTION
1 min ⢠1 pt
Index Fund
An individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. both earning on the account and withdrawals after age 59 1/2 are tax-free
A mutual fund with the object to match the composite investment performance of a large group of stocks or bonds such as those represented by the standard and poor's 500
A retirement account offered through a non-profit employer( schools, churches, hospitals), where an employee can contribute money from his or her paycheck before or after taxes. Sometimes the employer will contribute money as well.
An individual retirement account that allows individuals on the account to contribute pre-tx income to investments that grow tax deferred
6.
MULTIPLE CHOICE QUESTION
1 min ⢠1 pt
Risk
Spreading out investments to reduce risk
The portion of cooperate profits paid out to stockholders
The ease with which an assets can be converted into cash
the chance of loss
7.
MULTIPLE CHOICE QUESTION
1 min ⢠1 pt
401K
A mutual fund with the object to match the composite investment performance of a large group of stocks or bonds such as those represented by the standard and poor's 500
A retirement account offered through an employer, where an employee can contribute money from his or her paycheck before or after taxes. Sometimes the employer will contribute money as well
An individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. both earning on the account and withdrawals after age 59 1/2 are tax-free
A retirement account offered through a non-profit employer( schools, churches, hospitals), where an employee can contribute money from his or her paycheck before or after taxes. Sometimes the employer will contribute money as well.
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