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WorksheetsSSEPF3 Banking and Investing
Total questions: 28
Worksheet time: 12mins
A type of investment that invests in a lot of different companies is called
Stocks
Bonds
Mutual funds
T-bills
What does owning a stock in a company represent?
A loan made to the company
A share of the company's debt
A share of the company's ownership
An option to purchase something from the company in the future
Spreading your investments around to inrease financial security
Risk assessment
Diversification
Stocks, bonds & cash
Liquidity trap
Professionally managed, diversified investment that pools resources of many investors
Treasury bonds
Stock index
Mutual fund
Saving account
What is the primary purpose of investing as compared to saving?
Investing is primarily for short-term financial goals, while saving is for long-term wealth
Investing is for the wealthy, while saving is for everyone
Investing is for long-term wealth, while saving is for emergencies & goals
Investing has a guaranteed return, while saving does not
The relationship between risk and return can be stated as
Higher risk indicates higher return
Higher risk indicates lower return
Lower risk indicates higher return
No relationship exists between risk and return
A diversified portfolio is desirable because
It limits investment choice
It's a good predictor on rate of return
It increases risk and return
It decreases risk
All are benefits of saving, except
safe, reliable, convenient
earns a higher return of interest
earns a small amount of interest
insured by the FDIC
SSEPF2
SSEPF2a
What is the primary purpose of financial investment?
To increase personal wealth over time
To buy physical assets
To exercise constitutional rights
What are examples of Real investment?
Houses
trees
Cars
Stocks
Emma wants to purchase a new dress from a boutique. She doesn't want to bring cash with her.
debit card
cash on delivery
bank transfer
Which of the following insures checking accounts at a credit union?
NCUA
FDIC
FTIC
NAACP
Money that is issued by the authority of the government is called-
full bodied money
fiat money
fiduciary money
all the above
A special plastic card that you can use to pay for things directly from your bank account.
Credit card
Cash card
Debit card
What is one difference between Banks and Credit Unions?
What is the name of a legal document that functions like cash?
Bitcoin is...
money in Bangladesh
money in the casino
the first cryptocurrency
the first bank check
Spreading your investments around to increase financial security
Risk assessment
Diversification
Stocks, bonds & cash
Liquidity trap
Which are examples of collector's items that could also be sold as an NFT:
(check all answers that apply)
first edition of a comic book
digital license for a meme
computer code to exclusive song/music video
autographed basketball from Michael Jordan
What does NFT stand for?
Non-Functional Tokens
Non-Fungble Tokens
Non-Fungible Tokens
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Is an NFT a form of crypto currency?
Yes
No
Maybe
I don't know
