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WorksheetsUnit 7, 8, 9 Review Quizizz
Total questions: 40
Worksheet time: 21mins
Sierra is looking for a low-risk investment. She wants a stable investment that is like a loan and will be paid back when it is matured. What type of investment should Sierra buy?
Common Stock
Bonds
Mutual Funds
Money Market Accounts
Ava wants to use a savings tool to safely store money and earn interest. If she needs the account to have some liquidity without sacrificing potential interest, which savings tool should she use?
Common Stock
Savings Accounts
Certificate of Deposit
Money Market Account
Carl is 25 years old and is looking for a high risk, high reward investment that can potentially earn a lot of money. What should Carl invest money in?
Bonds
Mutual Funds
Money Market Accounts
Common Stocks
This type of investment is a business that accepts deposits to invest money in various ways, such as the stock market, bonds, or other investment choices.
Common Stock
Mutual Funds
Money Market Accounts
Corporate Bonds
Which of the following savings tools is the least liquid, but the highest potential interest rate?
Certificate of Deposit
Savings Account
Money Market Account
Mutual Fund
This is the amount of money needed today in order to equal a certain amount in the future.
Rule of 72
Time Value of Money
Compound Interest
Principal
If Katherine buys stock in Apple at $100/share and sells the stock at $200/share, she will receive
Diversification
Dividends
Capital Gains
Capital Losses
True or False: Preferred stockholders are voting members of the corporation
True
False
If DEF Corporation stock is being traded between buyers and sellers, but the corporation is not making money, the stock is in the
Bear Market
Primary Market
Secondary Market
Bull Market
If the overall stock market is in a decline and the prices are rising slower than historical averages, it is known as a
Bear Market
Primary Market
Secondary Market
Bull Market
What is the government agency responsible for regulating the stock market and ensuring publicly-traded companies disclose accurate information to the public?
Federal Deposit Insurance Corporation (FDIC)
Securities and Exchanges Commission (SEC)
National Credit Union Association (NCUA)
Federal Bureau of Investigation (FBI)
This institution provides insurance up to $250,000 on accounts for retail banks, commercial banks, and savings & loan associations
Federal Deposit Insurance Corporation (FDIC)
Securities and Exchanges Commission (SEC)
National Credit Union Association (NCUA)
Federal Bureau of Investigation (FBI)
Dividends are
Financial assets issued by corporations, governments, and other organizations.
When a shareholder sells a share for more than they paid for it
When shares are sold for less than what they paid for them
Profits distributed to shareholders from corporations
___________ is how quickly an asset can be converted into cash
Risk
Liquidity
Convenience
Investing
This retirement plan is NOT employer sponsored but is tax deferred
Traditional IRA
401(k)
403(b)
Roth IRA
This retirement plan is government sponsored may also be used for disability benefits
Traditional IRA
401(k)
Pension
Social Security
This retirement plan is employer sponsored and is available only for public employees
Traditional IRA
Pension
403(b)
401(k)
This retirement plan is NOT employer sponsored and is NOT tax deferred
Traditional IRA
Roth IRA
401(k)
Annuity
Which of the following is NOT a characteristic of money?
Durable
Unit of Account
Divisible
Limited Supply
Choose all of the following which are functions of money
Medium of Exchange
Unit of Account
Limited Supply
Store of Value
Durability
Gold is an example of
Fiat Money
Commodity Money
Green Money
Gold Money
When the Federal Reserve changes the required reserves for member banks it is known as changing the
Open Market Operations
Discount Rate
Reserve Requirements
Taxation
When the Federal Reserve buys and sells Treasury Securities it is known as
Open Market Operations
Discount Rate Manipulation
Reserve Requirements
Federal Reserve does not buy/sell Treasury Securities
Which of the following is NOT a power of the United States Treasury?
Open Market Operations
Reserve Requirements
Discount Rate Manipulation
All of the Above
Choose all of the following which are powers of the United States Treasury
Printing Money
Buy/Sell Treasury Securities
Issue Treasury Securities
Collect Taxes
Regulate the stock market
The Federal Reserve System contains ________ regional banks
5
7
12
19
Changing of government taxation or spending by the government
Monetary Policy
Fiscal Policy
When the national debt is greater than the national income, it is known as
Budget Surplus
Budget Balance
Budget Deficit
What type of tax is used mostly by the federal government to provide public goods and services?
Property Tax
Excise Tax
Sales Tax
Income Tax
Local governments depend mostly on this type of tax for government revenue
Sales Tax
Property Tax
Income Tax
Excise Tax
Property taxes are an example of
Indirect Taxes
Progressive Taxes
Direct Taxes
Regressive Taxes
Sales taxes are an example of
Indirect Taxes
Direct Taxes
Progressive Taxes
Regressive Taxes
Progressive taxes
Increase as individual incomes increase
Decrease as individual incomes increase
Remain the same for all incomes
Are paid directly to the government
A reduction in taxable income is known as
Tax Credit
Tax Break
Tax Deduction
None of the Above
Victor is has an account with at a co-operative financial institution. This institution is only open to members. What institution is Victor a member of?
Retail Bank
Investment Bank
Credit Union
Savings and Loan Association
Which of the following is NOT an example of a financial institution?
Suntrust Bank
State Farm Insurance
Quicken Loans
McDonalds Corporation
Which of the following financial institutions would charge a higher interest rate on loans?
Retail Bank
Pawnshop
Commercial Bank
Insurance Company
One of the benefits of having bank accounts is
Potential minimum balance fees
Fees for using other banks' ATMs
Interest earned on money saved
Late fees for late payments
Which of the following is difficult for unbanked consumers?
Establishing Credit
Receiving Direct Deposit Income
Keeping Money Safe
All of the Above
Which of the following is an example of an electronic money transfer
Christopher's ATM transaction for $20
Angela receiving $40 cash from her grandmother
Lucas cashing a check inside the bank
Patrick using a check to pay for groceries
