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Financial Literacy Unit 4 Investments Review

Authored by Bridget Bakula

Other

11th Grade

Used 3+ times

Financial Literacy Unit 4 Investments Review
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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You have $5,000 and want to double your money in 6 yrs. What rate must your investment earn to achieve $10,000 in the 6 yrs.?

10%

12%

15%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is inflation?

spending more money once you start earning more

rise in prices of goods/services

no credit card debt

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is lifestyle creep?

spending more money once you start earning more

rise in prices of goods/services

no credit card debt

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are 2 things to consider before investing?

Money made or lost on an investment

spending more money once you start earning more

no credit card debt and having an emergency fund

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define return & risk:

--Return:  money from your family

--Risk: fun times

--Return:  money made or lost on an investment

--Risk: possibility of negative outcome occurring

--Return:  taking things back to the store

--Risk: A board game

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the 3 risk tolerance factors discussed in class?

--Time: how long can you be in the market

--Ability to Endure Price changes: waiting out the market during declines

---Ability to Earn Money: can you earn money back that you could lose?

--Geographical

---Sector

--Size

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most prevalent type of stock called?

Unique Stock

Common Stock

Prevelanet Stock

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