Investments
The risk level for investing in real estate is high? True or False?
False
This is the age when many people stop working and begin using their retirement savings.
retirement
This is money the government takes from your income to pay for public services.
taxes
This is the basic idea that people have unlimited wants but limited resources.
scarcity
What is the power house of the cell
Mitochondria
What is a risk for investing in collectables?
Value can go down,Hard to sell,No guaranteed income, Damage or theft,Fake or counterfeit items,Storage costs, and Trends change
This retirement account is often offered through an employer and allows workers to save money from their paycheck.
401(k)
This tax is taken directly from your paycheck by your employer
income tax
This is the amount of a good or service that producers are willing to sell.
supply
What concert became the highest grossing music tour in history?
The Eras Tour
What investment has the highest risk?
Crypto currency
This is money you put into a retirement account to help build your savings over time.
contribution
This tax is added to the price of things you buy at stores.
sales tax
This is the amount of a good or service that consumers are willing to buy.
demand
What was the first YouTube video to reach 1 million views?
gangnam style
What are the pros of Cd's?
fix and return as well as safety and security
This retirement account is usually opened by an individual rather than through an employer.
IRA
This document is used to report your income and taxes to the government each year.
tax return
This happens when the general prices of goods and services increase over time.
inflation
What was the highest grossing film of all time
Avatar 2009
What type of investment allows you to invest in a large group of stocks or other assets at once, helping spread out your risk?
index fund
Starting to save for retirement at a young age is helpful because your money has more time to grow through this effect.
compound interest
This is the amount of income that is subject to federal income tax after deductions and adjustments.
taxable income
This economic system allows individuals and businesses to make most economic decisions based on supply, demand, and competition.
market economy
What movie inspired the Black Swan?
Perfect Blue