AP Macroeconomics Unit 4
Authored by Ian Racey
Social Studies
11th Grade
Used 13+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The cost of borrowed money, usually expressed as a percentage.
interest
savings plan
scarce
purchase
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What does CD stand for when talking about investments?
Calculated Dividend
Certificate of Deposit
Central Dollar
Current Deposit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This term refers to the original amount of a loan OR the original amount of money invested.
Principal
Interest
Rebate
Fixed Rate
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is just a savings account with a slightly higher interest rate because the saver commits to a longer saving period for a set amount deposited.
C.D.
debt
beneficiary
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is an obligation of repayment, usually including principal plus interest; any time you owe someone money.
compound interest
emergency fund
APR
debt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The availability of money; how quickly you can convert it into cash in your hand is its _______.
diversity
liquidity
yield
gratuity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amount of money a borrower must pay for the usage of someone else’s money
Finance charge
Unsecured loan
Collateral
Interest
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