Business Quiz 9-7-23

The amount of money held at a financial institution, such as the amount in a checking account, at any given moment.

• Alpha

• Balance

• Control

• Wire transfer

What is deflation?

• An extended decline in the average level of prices. The exact opposite of inflation.

• Any sort of restriction on foreign trade, in practice, the restriction of exports destined for sale in another country.

• The total income that can be used by the household sector for either consumption or saving.

• An extended period of restructuring and institutional change in an economy that’s often marked by declining or stagnant growth.

What is an entrepreneur?

• Someone who invests in the stock market.

• An individual who creates and/or invests in a business, bearing the risks and enjoying the rewards.

• A nickname for a company's CEO

• A bank employee who arranges home loans.

Name this famous entrepreneur.

• Sara Blakely

• Sheryl Sandberg

• Susan Sarandon

• Arianna Huffington

What company did Sara Blakely create?

• Under Armour

• Uber

• Spanx

• Netflix

Rogan's Shoes buys this pair of Hey Dudes for $25 and sells it for $65. What is its gross profit on the item?

• $40

• $65

• $90

• $0

What is a stock?

• A financial instrument sold by the government to pay for public building projects

• The finished products made by manufacturers from raw materials

• A security that represents the ownership of a fraction of the issuing corporation.

• Something related to bread

This is the original logo for what company?

• Apple

• Mott's

• Sour Patch Kids

• Nike