WorksheetsReview
Total questions: 13
Worksheet time: 7mins
What is interest?
cost of borrowing money
a group
A tax added to every purchase you make
None of these
What Is A Savings Account?
An account you regularly take money out and spend
An account for storing money and earning interest. You are limited on how much you can take money out
The account you can buy and sell like a stock
None of these
What is a loan?
when you take money of family members
when you borrow money of the bank and promise to pay it back
Another name for a paycheck
All of these
Which one of these answers is NOT a function of a bank?
storing money
taking money as a loan
printing money
opening a bank account
Which one of the choices below is a reason people store money in the bank
It is safe
The money might gain interest
The money is insured
All of these
You can both gain and lose money from interest
True
False
What is a stock?
An investment in a particular bank account
Partial ownership in a company
A particular business
A large corporation
What is a bull market?
when stock prices drop and the market is down
when stock prices are up and the market is up
when stock prices stay the same and the market is stable
None of these
What is a bear market?
a market in which prices are falling, encouraging selling
market in which share prices are rising, encouraging buying
when stock prices are neither increasing nor decreasing
None of these
When buying stocks you want to...
Buy LOW sell HIGH
Buy HIGH sell LOW
Which one of these is not a NEED
Food
Water
Transportation
Shelter
Which one of these careers would be NON- TRADITIONAL for a woman?
Nurse
Hairstylist
Elementary School Teacher
Plumber
Which one of these is a NON- TRADITIONAL career for men?
Construction worker
Funeral Home Owner
Engineer
Nurse
