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Chapter 18 Review Game--CIVICS

Total questions: 75

Worksheet time: 18mins

Name
Class
Date
1.

This is the education of buyers about their purchases.

a)

Producerism

b)

Consumerism

c)

Impulse buying

2.

Which President pushed through the passage of the Consumer Bill of Rights?

a)

John Kennedy

b)

Franklin Roosevelt

c)

Donald Trump

d)

Barack Obama

3.

Which of the rights from the Consumer Bill of Rights would be violated if Marah were to be tossed out of a business because the owner didn't like the color of her eyes?

a)

Right to safety

b)

Right to be informed

c)

Right to service

d)

Right to redress

4.

If Alex buys a faulty product and it breaks at no fault of his own, which of the Consumer Bill of Rights protections would grant him the ability to get a refund?

a)

Right to be informed

b)

Right to redress

c)

Right to consumer education

d)

Right to be heard

5.

A company's pledge to fix or replace a product is a...

a)

generic good.

b)

disposable income.

c)

warranty.

d)

opportunity cost.

6.

Which of the following is NOT required for a typical warranty be honored by a company?

a)

You must follow the rules of the warranty.

b)

You must use the product as it was intended.

c)

You do not need to take care of the product physically.

d)

You must maintain the quality of the product as reasonably possible.

7.

What is the best description of disposable income?

a)

Money that Saxon accidentally got plugged in the toilet.

b)

Money that Jeanette absolutely needs to pay her bills this week.

c)

Money that Starlet doesn't need for her bills and can do what she wants with.

8.

Noah goes to Sheetz. He's waiting in line to pay for his gas. He sees all of the yummy candy bars and gigantic Sheetz cookies. He ends up walking out of the store with $75 worth of junk food to go along with his gas. This is an example of...

a)

comparison shopping.

b)

impulse buying.

c)

opportunity costs.

9.

An estimate of how much money you have coming in and how much money you need for your bills is your...

a)

disposable income.

b)

opportunity costs.

c)

budget.

d)

compounded interest.

10.

Who should you NOT get credit from if you need money to buy something?

a)

A bank.

b)

A business.

c)

The government.

d)

The weird guy with a baseball bat on the street corner.

11.

What is the fee that is charged to you for using credit from a bank, business, or the government?

a)

Interest.

b)

Maturity.

c)

Liquidity.

d)

Bitcoins.

12.

Who would most likely have the highest credit score?

a)

Your teacher who has several credit cards, a home loan, 2 car loans, and a stable job.

b)

A homeless man.

c)

A teenage girl with no debt and has just gotten her first job.

13.

If you have shown an inability to pay bills in a timely manner it will hurt your credit score making it harder to get cheap loans in the future.

a)

True

b)

False

14.

What does APR stand for?

a)

Average Percentage Rate

b)

Annual Percentage Rate

c)

Annual Payments Received

15.

The APR or interest rate one pays is applied to what length of time?

a)

1 month

b)

1 year

c)

1 decade

16.

APR=P(1+r)n is the equation needed to determine how much interest is added to an account. What does the "P" stand for?

a)

Percentage

b)

Principle

c)

Porcupines

17.

If money is LIQUID, what does that mean?

a)

It fell in the toilet.

b)

It's easily usable.

c)

It's not very easy to use.

18.

Which of the following is the MOST liquid?

a)

The money in your pocket.

b)

Your savings account.

c)

Money you have invested in the stock market.

19.

If you buy a savings bond that must sit for 10 years to reach full value, you have bought a...

a)

Money market account

b)

stock

c)

Time Deposit

20.

For a savings bond to be worth its full value after you buy it you must allow it to sit for the length of time you agreed to. You must allow it to reach...

a)

liquidity.

b)

maturity.

c)

disposability.

21.

Partial ownership in a company is a...

a)

savings account.

b)

stock.

c)

savings bond.

22.

When looking up stocks in the stock market, every company has a ____________ ________________ such as Google (GOOG), Apple (APPL), Netflix (NFLX), and Ford (F).

a)

disposable income.

b)

P/E ratio

c)

stock split

d)

ticker symbol

23.

Chloe bought 100 shares of Google. The stock splits. How many shares does she have after the split?

a)

50

b)

100

c)

200

24.

The number of shares that are physically bought or sold on the stock market in any day is the...

a)

dividend.

b)

volume.

c)

IPO.

25.

The P/E ratio is a statistic that can be used to show how much money you need to invest in a company to make...

a)

$1.

b)

a generic good.

c)

a dividend.

26.

Valerie bought a share of Adidas that cost her $22. Adidas decided to split everyone's stocks. How much money is each of the 2 shares of stock she now owns in Adidas worth?

a)

$11

b)

$22

c)

$44

27.

When the stock market is in a time of loss and recession, we would have a...

a)

bear market.

b)

bull market.

c)

turkey market.

d)

sloth market.

28.

What stock market statistic is used to show the overall health and strength of America's 30 largest companies on the stock market?

a)

The NASDAQ

b)

The Dow Jones Industrial Average

c)

The S&P 500

29.

The Oracle of Omaha is one of America's greatest minds when it comes to investing money in the stock market. He is copied and emulated. Who is this man?

a)

Bill Gates

b)

Warren Buffett

c)

Jeff Bezos

d)

Elon Musk

30.

If you spread your investments out over a variety of choices to avoid losing money on poor choices or bad luck you are using the investment strategy of...

a)

comparison shopping.

b)

diversification.

c)

liquidating.

d)

catfishing.

31.

In what city is the NYSE?

a)

Chicago

b)

New York

c)

San Francisco

32.

If you borrow money to buy stock you are buying money on...

a)

the margin.

b)

the run.

c)

the sly.

d)

the cheap.

33.

What savings option would give you the highest interest rate?

a)

Burying your cash in a jar in your backyard.

b)

Giving it to your friend Drew.

c)

Putting it in a savings account.

d)

Buying a savings bond.

34.

When the stock market is growing over a period of time we are in a...

a)

bull market

b)

turkey market

c)

aardvark market

d)

bear market

35.

Using a credit card is always a good idea and only leads to positive consequences with no dangers involved.

a)

True

b)

False

36.

These are example of...

a)

a wise use of your discretionary income.

b)

a generic good.

c)

compounded interest.

d)

a credit trap.

37.

What verb means to add interest to an amount of money that is owed?

a)

principle.

b)

compound.

c)

Liquid

d)

trap

38.

When money is very usable and can be taken out of an account whenever you want it is...

a)

stable.

b)

liquid.

c)

compounded.

d)

diversified.

39.

Diversification is...

a)

generally a risky strategy in the stock market that can lead to massive financial losses if you're not smart.

b)

generally a safe strategy in the stock market that spreads your investments out so much that it's hard to lose a lot of money.

40.

When a savings bond reaches its full value and has sat for the required length of time it is...

a)

principled.

b)

compounded.

c)

diversified.

d)

matured.

41.

How many American companies make up the Dow Jones Industrial Average?

a)

15

b)

30

c)

500

d)

3000

42.

The fee that is charged by stock brokers to buy or sell stocks for investors is a...

a)

maturity point.

b)

commission.

c)

broker.

d)

IPO.

43.

When buying stock on borrowed money you are buying it on...

a)

the run.

b)

the margin.

c)

the IPO.

d)

compound.

44.

A company, such as Sheetz, that does not sell stock to investors is a...

a)

private company.

b)

public company.

45.

What method of holding your cash is the MOST liquid and has the smallest interest rate?

a)

Savings bond

b)

Checking account

c)

A wad of cash in your pocket.

d)

A stock portfolio.

46.
Why would a company need to issue stock?  
a)
To increase its' customer base.
b)
To raise money.
c)
To stop the government from regulating it.
d)
To show customers that it's successful.
47.
The stock market is a physical place.
a)
Yes, it's located in most major cities around the world.
b)
No, trading is all done online.
c)
Yes and No, there are physical places where stocks are sold, but they are also sold virtually.
48.
You can buy stock in any company in the world.
a)
True, all companies are required to offer stock.
b)
False, a company is only listed on the stock exchange if it wants to be.
49.
The DOW Jones Industrial Average is an index of 30 American companies.  Why is the DOW Jones Industrial Average important?
a)
It tells Americans how much debt the country is in.
b)
It helps economists predict when a stock market crash will happen.
c)
It tells Americans how many jobs are out there.
d)
It provides a snapshot of how the stock market and the US economy is doing.
50.
Apple is releasing a new iPhone that is predicted to change the cell phone world.  Millions of people have pre-ordered it.  What do you think will happen to their stock?
a)
It is likely to go up.
b)
It is likely to go down.
51.
Approximately how much money was one share of Apple selling for last night?  Use the image to help you.
a)
213.05
b)
113.05
c)
33.05
d)
13.05
52.
You have $250 that you are willing to invest in Apple's stock.  If Apple's stock is selling for $113.05 a share, how many shares could you buy?
a)
1
b)
2
c)
3
d)
4
53.
Over the course of the day, the head of Apple's company is imprisoned for not paying his taxes.  What do you think will happen to Apple's stock?
a)
It will go up.
b)
It will go down.
54.
Apple stock plummets and now you have to decide if you hold onto your stock in the hopes that it goes back up, or sell it at a loss.  Apple stock is now selling or $54.76 a share.  You have 2 shares.  When you first bought them their total value was $226.10.  What is their total value now?
a)
109.52
b)
22.10
c)
557.22
d)
5.05
55.

to buy a variety of stocks

a)

diversify

b)

portfolio

c)

risk

d)

profit

56.

a place where stocks and bonds are sold

a)

coporation

b)

bull market

c)

bear market

d)

stock exchange

57.

A time when stock prices are falling

a)

bull market

b)

transaction

c)

bear market

58.

In what holiday movie does Will Ferrell star as Buddy?

a)

The Grinch

b)

Rudoplh

c)

Elf

d)

Noelle

59.

What document is stolen in the movie National Treasure?

a)

Constitution

b)

Mayflower Compact

c)

Bill of Rights

d)

Declaration of Independence

60.

What of the following is NOT an emotion in Disney/Pixar's Inside Out?

a)

Fear

b)

Anger

c)

Sadness

d)

Happiness

61.

What color are the stripes of the cat's hat in The Cat in the Hat?

a)

red and white

b)

red and blue

c)

blue and white

d)

orange and white

62.

How many Star Wars movies are there?

a)

6

b)

9

c)

11

d)

12

63.

In Harry Potter, what is Lord Voldemort's real name?

a)

Albus Dumbledore

b)

Tom Marvolo Riddle

c)

Dedalus Diggle

d)

Newt Scamander

64.

What type of animal is Manny in the movie Ice Age?

a)

Squirrel

b)

Sloth

c)

Sabretooth Tiger

d)

Mammoth

65.

What type of animal is Happy Feet about?

a)

orca

b)

seal

c)

penguin

d)

giraffe

66.

Approximately 2% of all people have what eye color?

a)

Red

b)

Violet

c)

Green

d)

Blue

67.

Which is the most abundant metal in the earth's crust?

a)

Bronze

b)

Aluminum

c)

Copper

d)

Lead

68.
What is the first element on the periodic table?
a)
hydrogen
b)
oxygen
c)
carbon
d)
gold
69.
What is the largest state in the United States?
a)
Alaska
b)
Texas
c)
California
d)
Montana
70.

a2 + b2 = c2 is known as _.

a)

the Distance Formula

b)

the Pythagorean Theorem

c)

the Slope Formula

d)

the Quadratic Formula

71.

The answer to a multiplication problem is called the ______.

a)

product

b)

quotient

c)

sum

d)

factor

72.

What is the mascot for the University of Iowa?

a)

Panthers

b)

Hawkeyes

c)

Cyclones

d)

Knights

73.

Which one of these sports DOES NOT have a time limit?

a)

Football

b)

Soccer

c)

Rugby

d)

Baseball

74.

What is called when you hit the golf ball in the hole on the first try?

a)

Goal

b)

Basket

c)

Hole-in-One

d)

Touchdown

75.

What is the name of the stunt in gymnastics in which the gymnast turns completely over in the air without using his/her hands?

a)

Roundoff

b)

Aerial

c)

Cartwheel

d)

Dismount