Applied Econ 1.0

Investment securities where an investor lends money to a company or government for a set period of time in exchange for regular interest payments.

• Stocks

• Roth IRA

• Mutual Funds

• Bonds

Stocks are riskier than bonds

• True

• False

Which of the following is not an investment?

• Wage
• Property
• Stocks
• Shares

what happens when you buy a stock?

• you are able to trade with the company for their products

• you become one of the companies owners

• you become CEO of the company and manage everything

• santa puts a hershy inside it on christmas

What is a bond?

• Getting released from jail

• getting money by bonding with the owner

• a contract made with the business

• lending money to business/gov and getting paid back

Which of the following utilities may be billed separately from your rent?

• Water
• Electricity
• Phone service
• Some or all of the above

Person who pays for the right to live in a residence owned by someone else.

• Landlord

• Tenant

Person who owns the property that is rented.

• Landlord

• Tenant

Why was minimum wage created?

• So small businesses could be successful.

• To help the government.

• To ensure the average worker can meet their most basic needs

• To help retired couples

What is the most realistic way to avoid the many difficulties of a life earning minimum wage?

• Further your formal education to make yourself highly employable

• Earn a starting position on the Los Angeles Lakers

• Become Instagram famous

• Win the lottery

• Find buried treasure in your backyard