econ

econ

University

33 Qs

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Assessment

Quiz

Life Skills

University

Easy

Created by

Juan O

Used 4+ times

FREE Resource

33 questions

Show all answers

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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