NEW
Font size
S
M
L
XL
WorksheetsEco Final Exam Review
Total questions: 20
Worksheet time: 7mins
Name
Class
Date
1.
The Soviet Union and Cuba are examples of what type of economy that most everything is determined by a central government?
a)
Market
b)
Mixed
c)
Barter
d)
Command
2.
FICO tells someone what type of information about them
a)
Your Hair Color
b)
Your Credit Score
c)
Your First Born's Name
d)
Your DOB
3.
All of the following are ways to improve your credit score except:
a)
Paying on time
b)
Paying the minimum balance
c)
Paying late
d)
Paying in full
4.
The Bursar at a college can help with which of the following issues?
a)
Tuition Questions
b)
Your Room
c)
Books
d)
Schedule
5.
Scholarships and grants do not need to be paid back.
a)
True
b)
False
6.
Common examples of a partnership are:
a)
Deli, Pizza Place
b)
Pharmacy, Restaurant
c)
Doctor's Office, Lawyer's Office
d)
Retail Store, Home Improvement Store
7.
Subway, 7-11 and Applebee's are examples of what type of business?
a)
Sole Propeitorship
b)
Entrepenuership
c)
Franchise
d)
Mom and Pop Store
8.
The Fed (US version of a Central Bank) with 12 district banks is short for
a)
Federal Reserve Bank
b)
Federal Bank of the US
c)
Federal Savings & Loan
d)
Federal Securities
9.
PSE&G is considered a monopoly. A monopoly in economics is
a)
Big business
b)
A Game
c)
Control of an industry
d)
A small business
10.
Sole Proprietorship businesses have very little control over what they can or can not do.
a)
True
b)
False
11.
This type of business will sell stock to make money for improvements to the business:
a)
Sole proprietorship
b)
Franchise
c)
Partnership
d)
Corporation
12.
NYSE stands for
a)
New York Stock Exchange
b)
New York Securities Exchange
c)
New York Standards Examples
d)
Nassau Youth Sports Exchange
13.
Dow Jones Industrial Average is a stock market index or average of the top 30 publicly owned US companies. It would measure how well which of the following were doing?
a)
Car Sales
b)
Health Insurance Rates
c)
Unemployment Rates
d)
Blue Chip Stocks
14.
Liquidity when it comes to money means the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price. If cash is considered the most liquid asset because it can easily be exchanged, which asset would be the least liquid?
a)
Savings Account
b)
Stock in a Corporation
c)
Land
d)
Water
15.
Blue Chip stocks are NOT
a)
Top 30 stocks
b)
Worth $25
c)
Sell widely accepted products
d)
Financialy sound companies
16.
The following office at a college can help you make your schedule:
a)
Bursar
b)
Registrar
c)
Security
d)
Bookstore
17.
When a company offers stock in its company for the first time, this is called:
a)
IOP
b)
POI
c)
ROI
d)
IPO
18.
This image signifies bear and bull markets in the stock market. What does that mean?
a)
Bull Market - upward trend
Bear market - Downward trend
Bear market - Downward trend
b)
The 30 blue chips going up against eachother
c)
Which company will have the highest price share
d)
Bull market - downward trend
Bear market - upward trend
Bear market - upward trend
19.
When a company is profitable and it distributes part of its profits to its investors this is called:
a)
Yield
b)
Dividend
c)
Payout
d)
Surprise
20.
Mortgages are types of loans obtained to purchase:
a)
Cars
b)
Student Loans
c)
Boats
d)
Houses
Reset
