Econ Test Review - Unit 3 Lesson 8

Front

What is a prolonged period of falling stock prices, accompanied by widespread investor pessimism?

Back

Bear market

Front

What is a bond issued by a corporation to raise money for its operations called?

Back

Corporate bond

Front

Which of the following refers to the ease with which assets can be converted into cash? Liquidity, Credit, Interest, Principal

Back

Liquidity

Front

What is the term for a card authorizing the user to access his or her own funds on deposit in a bank account?

Back

Debit card

Front

What is the term for a legal document that provides information about a security offered to investors?

Back

Prospectus

Front

Method to calculate how long it will take to double the value of an investment.

Back

Rule of 72

Front

What is the term for a company that buys and sells stocks and bonds for investors?

Back

Brokerage

Front

Which of the following is a signed form instructing a bank to pay a specified amount to the person or business named on it? Check, Banknote, Debit card, Credit card

Back

Check

Front

What is the term for a collection of securities chosen and managed by a group of professional fund managers?

Back

Mutual fund

Front

Business whose main purpose is to receive deposits and make loans.

Back

Bank