What is the primary reason investors buy gold?

Mastering Personal Finance Concepts

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Business
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Professional Development
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paramjeet singh
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31 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To purchase luxury items.
To invest in technology stocks.
To hedge against inflation and economic uncertainty.
To diversify into real estate.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the price of gold typically behave during economic downturns?
Gold prices remain unchanged during economic downturns.
The price of gold typically rises during economic downturns.
The price of gold falls during economic downturns.
The price of gold fluctuates wildly without a clear trend during economic downturns.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the advantages of a high-yield savings account?
Higher interest rates, low fees, easy access to funds, and safety.
No interest earned
High maintenance fees
Limited access to funds
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between a traditional savings account and a money market account?
Money market accounts have no transaction limits and lower interest rates.
The main difference is that money market accounts generally offer higher interest rates and may have transaction limits, while traditional savings accounts have lower rates and fewer restrictions.
Money market accounts are exclusively for business use.
Traditional savings accounts are only available at credit unions.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a stock?
A stock is a government-issued certificate.
A stock is a form of currency.
A stock is a share in the ownership of a company.
A stock is a type of bond.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to buy shares in a company?
To buy shares is to purchase a product from the company.
To buy shares means to receive dividends without ownership.
To buy shares in a company means to purchase ownership in that company.
To buy shares means to lend money to the company.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a stock market index?
To provide investment advice to traders.
The purpose of a stock market index is to track the performance of a specific group of stocks.
To determine the value of individual stocks.
To regulate stock trading activities.
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