Consumer Ed. Unit 4 - Saving and Investing Quiz

Consumer Ed. Unit 4 - Saving and Investing Quiz

12th Grade

14 Qs

quiz-placeholder

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Consumer Ed. Unit 4 - Saving and Investing Quiz

Consumer Ed. Unit 4 - Saving and Investing Quiz

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

Ryan Williams

Used 17+ times

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14 questions

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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What is the necessity of saving?

Protects you in a financial emergency

Avoid debt

Stress on you

Legacy?

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a stock?

a loan an investor makes to a company

a small portion of ownership in a company

collection of investments sold by stock brokers

an option to purchase soming in the future

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What are the differences between savings and investment? (Choose 2)

Saving - Putting money aside into a savings account at a bank.

Investing - Aim of helping to make it grow by buying assets that might increase in value.

Investing - Aim of helping to make it grow by buying stocks, property, or shares in a mutual fund.

Saving - Aim of helping to make it grow by buying assets that might increase in value.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an IRA?

Individual Retirement Association

Independent Retirement Account

Individual Retirement Account

Investor Retirement Account

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the factors affecting savings and investment choices?

Evaluate responses using AI:

OFF

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a commodity?

Clothing

Technology

Coins & stamps

Farm products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does rate of return in investments tell you?

Stock value

Total profit or loss in $$$

Percentage of profit or loss

Market volatility on that day

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