Chapter 4 Test

Chapter 4 Test

7th - 8th Grade

30 Qs

quiz-placeholder

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Chapter 4 Test

Chapter 4 Test

Assessment

Quiz

7th - 8th Grade

Medium

Created by

Kristal Reed

Used 15+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account should be used for your emergency fund and your

Short-term savings goals

Long-term savings goals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of investment is considered a debt instrument

Stocks

Bonds

Mutual funds

Certificates of deposit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of investment represents small pieces of ownership in a company

Stocks

Bonds

Mutual Funds

Certificates of Deposit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of investment involves a pool of money collected from a group of investors

Stocks

Bonds

Mutual Funds

Certificates of deposit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of savings account where you agree to leave your money alone for a period of time

Stocks

Bonds

Mutual funds

Certificates of deposit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following types of investment carries the greatest risk?

Stocks

Bonds

Mutual funds

Certificates of deposit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the best place to keep your emergency fund?

Stocks

Money Market Account

Mutual funds

Certificate of deposit

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