Unit 3 Practice

Money losing its value is best described as:

• Deflation

• Inflation

• Cost-Push Inflation

• Hyperinflation

Purchasing a ______ makes you a shareholder of a company.

• Stock

• S&P 500

• Token

• Bond

This index is used to measure the broad performance of the market (largest index).

• New York Stock Exchange (NYSE)

• NASDAQ

• Dow Jones Industrial Average (DOW 30)

• Standard and Poors 500 (S&P 500)

Apple posting a quarterly earnings that is above analyst expectations would be an example of _______ news.

• Bearish

• Bullish

• Crabish

When calculating inflation, economists must first measure a countries __________ (collection of various g/s).

• Gross Domestic Product (GDP)

• Gross Domestic Product per Capita

• Market Basket

• Inflation Rate

Something that can be easily replicated/reproduced and is identical to one another describes...

• Divisibility

• Portability

• Fungibility

• Recognizeable

________ is the process of protecting information from unintended outside sources.

• Blockchain

• Cryptography

• Smart Contracts

• Ethereum

Over a long period of time ________ interest will net you higher returns.

• Simple

• Compound

Inflation Effect: A woman who borrowed $500 in 2018 and paid it back in 2022. Was she...?

• Hurt

• Helped

• Unaffacted

Inflation Effect: A teacher whose wages adjust to match inflation. Were they?

• Hurt

• Helped

• Unaffected