Insurance Basics
Auto Insurance
Stock Markets
Stocks
The Economy
100
This is the specific amount that you are covered for under an insurance policy
What is coverage
100
This type of coverage is what would protect you if you were hit by a driver that did not have insurance and could not pay.
What is Uninsured Motorist
100
Investors love this type of market in which prices are rapidly rising.
What is Bull Market
100
This is the name for a purchasable individual piece of a company that allows you to invest in the company.
What is stock.
100
This field of economics focuses on managing boom and bust cycles of the market through the manipulation of interest rates and adjusting government spending.
What is macroeconomics.
200
Programs such as Snapshot from Progressive collect this type of data to determine if you qualify for discounts.
What is GPS/electronically monitored driving habits
200
This is the term for the insurance protection that covers damage you cause to the vehicles and property of others
What is Property-Damage Liability
200
This type of market is noted by falling stock prices and is not considered a favorable investing environment
What is a Bear Market
200
This stock report figure tells you the price of a particular stock when the market opened today
What is Open (Opening price)
200
The national debt is currently at this amount...and rising.
What is 18.4 trillion+
300
This is the specific amount that you would have to pay for making a claim using your insurance policy
What is a deductible
300
This type of auto insurance coverage would replace your car if it was stolen or damaged by fire/rain/flood/etc.
What is Comprehensive
300
You are called this if you own stock in a company
What is a Dhareholder
300
You can check the highest and lowest price that a particular stock sold for by checking this stock report item.
What is the 52 Week Hi/Lo
300
The government is said to be doing this when it spends more money than it takes in through taxes and revenue.
What is deficit spending.
400
This is the term for the price you pay for your coverage
What is a premium
400
This type of auto coverage would cover the cost of repairing your car if you were at fault in an accident
What is Collision
400
This is the name of the check that is cut for share holders when their company reports profits at the end of a quarter
What is Dividends
400
This stock report figure will tell you how many shares of a particular company have been purchased/sold today.
What is Volume
400
This macroeconomics term focuses on the all demand in the economy.
What is aggregate demand.
500
This is the specific tool used by insurance companies to rate your risk.
What is RAI (Risk Assessment Index)
500
This type of coverage covers rehabilitation costs, lost wages, and funeral expenses for your family if you are involved in an accident.
What is PIP (Personal-injury Protection)
500
Name one of the major stock exchanges in the United States.
What is the New York Stock Exchange/NASDAQ/DOW
500
In what recent year did the government last run a surplus? (Hint: it was right before a market crash)
What is 1998
500
List one of three recommendations that Keynes would have made to President Obama to help create jobs.
What is lower interest rates/fund public works projects/lower taxes
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