Banking and Finance Review (End of Year)

What is a salary?

• The income you receive from work annually

• The income you receive from working each hour

• The income you receive from interest

• The income you receive from stocks annually

What is a wage?

• The income you receive from work annually

• The income you receive from working each hour

• The income you receive from interest

• The income you receive from stocks annually

What is the job market?

• All the available jobs in an area

• The jobs you have worked

• The jobs you have applied for

• The jobs you are qualified for

What is supply?

• The amount of goods available for purchase in an area

• The amount of goods that have been sold in the past

• The number of stores or businesses in an area

• The number of customers in an area

Which of the following statements is FALSE?

• You don't need to sign a check

• A check is a written order to your bank, telling them to take money from your account

• You need to write the dollar amount twice on a check

• You need to write the name of the recipient on a check

What is a debit card?

• A charge card linked to a checking account

• A credit card with higher interest rates

• A gift card from a bank

• A credit card with no interest rates

What is income?

• All the money you earn, from all sources

• The money you earn from jobs

• The money you earn from investing

• The money you get from gifts

What is a stock market?

• Any place where stocks are bought and sold

• An office building in New York

• A place where government bonds are shared

• A place where money is stored safely

What is a dividend?

• The money you regularly receive from owning a stock

• How much a stock is worth when you sell it

• How much you spend to buy a stock

• The interest rate on the stock

What is the S&P 500?

• A stock index

• The largest company on earth

• The smallest amount of stock you can buy

• The amount of stock needed to trade in the US