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Financial Markets

Authored by Charles Ellington

Social Studies, Mathematics

12th Grade

Used 1+ times

Financial Markets
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29 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A portion of your income that you do not spend on your current needs, but instead set aside for future needs.

Collateral
Discretionary Income
Savings
Net Worth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An investment is the use of income today in a way that allows for a future benefit.

false

true

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following institutions are considered financial intermediaries?

Navy Federal Credit Union

Bank of America

1st Franklin Finance Company

Alfa Insurance Company

Pick N Save

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of savings that signifies that you own a part of a corporation and a claim to their assets and earnings.

Stock

Share

Dividend

none is correct

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following are intermediaries between people who save money and people who borrow money?

Political candidates

Government officials

Banks, credit unions, financial institutions

Schools or colleges

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a large pool of money that several people put together and that is usually invested in stocks and bonds and managed by a financial expert.

lottery

mutual fund

investment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The simple interest formula is I=Prt. What is the total amount of interest earn that will be earned over 5 years if the initial deposit was $2,000 dollars and with a rate of 5%?

50

500

5,000

5,500

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