Interest
General increase in prices and fall in the purchasing value of money
What is inflation?
Tracks a handfull of companies
What is an index?
The CEO of Tesla
Who is Elon Musk?
A significant and prolonged decline in economic activity characterized by a decrease in GDP, rising unemployment, and reduced consumer spending
What is an economic recession?
Inflation that rises rapidly in a very short period.
What is hyperinflation?
This index includes 500 of the largest companies in the United States.
What is the S&P 500?
The CEO of Apple
Who is Tim Cook?
Severe and prolonged economic downturn
What is an economic depression?
What is 2% inflation rate?
This type of fund aims to track the performance of a specific market index
What is an index fund?
The CEO of Amazon
Who is Jeff Bezos
This economic depression began in 1929
What is the Great Depression?
Interest returns that increases over time
What is compound interest?
The technology sector index, consisting of large tech companies
What is the NASDAQ index?
The CEO of Google
Who is Sundar Pichai?
This economic recession began in 2007
What is the Great Recession?
In Canada, inflation is primarily measured by this index, which tracks the price change of a standard basket of goods and services.
What is the Consumer Price Index (CPI)?
This is the index that tracks 30 large companies in the U.S.
What is the Dow Jones Industrial Average?
The CEO of Microsoft
Who is Satya Nadella?
When a borrower stops making required payments on debt
What is a loan default?