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Saving and Investing

Authored by Elizabeth Pitel

Other Sciences

6th - 8th Grade

Used 35+ times

Saving and Investing
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following type of bank account has a predetermined deposit amount, interest rate, and time period.

certificate of deposit
checking account
savings account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is best to buy a stock when the price is low and sell when it is high

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People should consider saving money for which of the following reasons?

Emergency situations
For retirement
For a vacation
All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When saving and investing, the higher the risk the greater the reward; the lower the risk the ______ the reward

Higher
Lower

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the best example of an entrepreneur?

Marcus has been an insurance agent for 50 years
John opens his own furniture store which successfully had made high income
Jennie is a student at the local community college
Sally is a dentist

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When society is experiencing inflation

Prices are higher
Prices are the same
Prices are lower

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of investing include all of the following except

Buying stocks
putting money under your mattress
placing money in a savings accounts

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