Business & Banking Concepts - Theme 4 Exam

Front

Which of the following is NOT a factor that affects how money grows?

• Amount of money left on deposit
• Interest rate
• Length of time money is left on deposit
• The name of the financial institution where the money is left on deposit

Back

The name of the financial institution where the money is left on deposit

Front

An interest bearing account that can be opened with a small amount of money:

Back

Savings account

Front

Which of the following is a financial intermediary? Sole proprietorship, Credit Union, Corporation, Partnership

Back

Credit Union

Front

Which of the following is expressed as a percentage? Interest, Interest Rate

Back

Interest Rate

Front

If supply is high, demand is:

Back

Low

Front

If your business is not doing well, your stock price will typically:

Back

Decrease

Front

Stocks can be sold online, but not in a physical space.

Back

True

Front

The Rule of 72 is how many years it will take for the principal to double.

Back

True

Front

Inflation is general decrease in the prices of goods and services.

Back

False

Front

Dividends are periodic payments distributed from profits of a corporation to its stockholders.

Back

True