WorksheetsPennyDrops #2
Total questions: 25
Worksheet time: 44mins
What is included in a stock quote? (Must select all correct answers)
The last trade price and daily price change
Different stock indicators (i.e., values and statistics)
A recommendation to buy or sell
All of the above
Define "investing"
Define "speculation"
Name one stock index
In a stock index, company A's stock increased by 3% over the past year, company B's increased by 3%. and company C's decreased by 3%. What is the performance of the index?
3%
2%
9%
1%
What are the 4 sections of a stock quote?
The "ask" price is the price someone can (a) a stock for
The "bid" is the price someone can (a) a stock for.
Generally, when the price of a good or service goes up, demand goes
up
down
remains the same
Generally, when the price of a good or service goes down, demand goes
up
down
stays the same
Generally, when the price of a good or service goes down, supply goes
up
down
stays the same
Graph the relationship between supply and demand (a single line representing "supply" and another representing "demand") with the x-axis labelled "quantity", and the y-axis labelled "price"
Wood becomes more expensive to purchase, and the price of housing goes up. This is an example of
Cost-push inflation
Demand-pull inflation
Apple comes out with a new iBrainchip. It sells out everywhere within a day. Apple cannot make the chips fast enough. They double the price of the chip. This is an example of
Cost-push inflation
Demand-pull inflation
Mind control
GDP stands for
Greater Domestic Production
Gross Domestic Product
Gross Domestic Production
Greater Domestic Product
What are the 4 components of GDP?
You want to go on vacation to Wakanda. The exchange rate for their currency is 2.5 CAD = 1 WD (Wakanda Dollar). How many WD would you get for 500 CAD?
(a)
List three types of expenses you may have to pay in post-secondary?
What is the main difference between a loan and a grant?
What is a "grace period" in the context of a loan for post-secondary education?
What happens if you default on a loan?
List three ways you could fund your post-secondary education?
Which will typically have higher interest rates?
Student loan
Student line of credit
Which source of funding can only be used for paying tuition?
Student loan
Student line of credit?
What type of funding would be best in this scenario?
Kyle will begin studies in less than a month. He is worried that he will not have enough money for a laptop and books, let alone tuition fees.
