FHS ECO -Unit 5 Vocabulary Quiz
Authored by Kevin Morales
Social Studies
12th Grade
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of investment?
Providing money or capital to an enterprise with the expectation of making a financial gain
Interest which is calculated on the initial principle and on the accumulated interest
A number based on an individual's credit history that indicates how much of a credit risk he may be
The relationship between the risk of an investment and the expected return of the investment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is compound interest?
Providing money or capital to an enterprise with the expectation of making a financial gain
Interest which is calculated on the initial principle and on the accumulated interest
A number based on an individual's credit history that indicates how much of a credit risk he may be
The relationship between the risk of an investment and the expected return of the investment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit score?
Providing money or capital to an enterprise with the expectation of making a financial gain
Interest which is calculated on the initial principle and on the accumulated interest
A number based on an individual's credit history that indicates how much of a credit risk he may be
The relationship between the risk of an investment and the expected return of the investment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the risk/return relationship?
Providing money or capital to an enterprise with the expectation of making a financial gain
Interest which is calculated on the initial principle and on the accumulated interest
A number based on an individual's credit history that indicates how much of a credit risk he may be
The relationship between the risk of an investment and the expected return of the investment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is interest?
Providing money or capital to an enterprise with the expectation of making a financial gain
Interest which is calculated on the initial principle and on the accumulated interest
A number based on an individual's credit history that indicates how much of a credit risk he may be
The relationship between the risk of an investment and the expected return of the investment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is open end credit?
A line of credit that can be used repeatedly, within an established borrowing limit
A loan for a set amount that requires regular payments at certain intervals
A loan that is obtained by offering an asset as collateral to ensure repayment of the loan
A loan that is obtained without the use of collateral
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is closed end credit?
A line of credit that can be used repeatedly, within an established borrowing limit
A loan for a set amount that requires regular payments at certain intervals
A loan that is obtained by offering an asset as collateral to ensure repayment of the loan
A loan that is obtained without the use of collateral
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