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Economics Final Quiz Practice

Total questions: 16

Worksheet time: 5mins

Name
Class
Date
1.

someone who inherits the ownership of a financial asset if the purchaser dies

a)

stockbroker

b)

beneficiary

c)

equities

d)

financial asset

2.

stocks that represent ownership shares in corporations

a)

stockbroker

b)

beneficiary

c)

equities

d)

financial asset

3.

claims on the income and property of the borrower

a)

stockbroker

b)

beneficiary

c)

equities

d)

financial asset

4.

a person who buys or sells equities

a)

stockbroker

b)

beneficiary

c)

equities

d)

financial asset

5.

a strong market with prices moving up for several months or years in a row

a)

money market

b)

risk

c)

pension

d)

bull market

6.

a regular payment intended to provide income security to someone who has worked a certain number of years, reached a specific age, or suffered an injury

a)

money market

b)

risk

c)

pension

d)

bull market

7.

a situation in which the outcome is not certain, but the probabilities of different outcomes can be estimated

a)

money market

b)

risk

c)

pension

d)

bull market

8.

a market where money is loaned for periods of one year or less

a)

money market

b)

risk

c)

pension

d)

bull market

9.

nonbank financial institution that is set up to provide financial protection for survivors of the insured

a)

par value

b)

call option

c)

nonbank financial institution

d)

junk bonds

10.

the right to buy something at a specific future price

a)

par value

b)

call option

c)

nonbank financial institution

d)

junk bonds

11.

an exceptionally risky bond because there is a higher possibility of non-payment

a)

par value

b)

call option

c)

nonbank financial institution

d)

junk bonds

12.

the principal of a bond or its purchase price

a)

par value

b)

call option

c)

nonbank financial institution

d)

junk bonds

13.

stocks are usually priced about right because they are closely watched by so many investors

a)

par value

b)

put option

c)

Efficient Market Hypothesis (EMH)

d)

junk bonds

14.

a contract that gives investors the option to sell shares of stock at a specified price in the future

a)

par value

b)

put option

c)

Efficient Market Hypothesis (EMH)

d)

current yield

15.

the annual interest divided by purchase price

a)

par value

b)

put option

c)

Efficient Market Hypothesis (EMH)

d)

current yield

16.

a situation in which the outcome is not certain, but the probabilities of different outcomes can be estimated

a)

money market

b)

risk

c)

pension

d)

bull market