Vocabulary
Six Characteristics of Money
Money Today
Investments
May the Fourth be With You
100
*******DOUBLE JEOPARDY***************
The degree of risk that an investor is willing to endure given the volatility in the value of an investment.
Risk Tolerance
100
To be convenient as a medium of exchange, people must be able to carry money with them easily.
Portability
100
What is a checkable deposit?
Deposits in bank checking accounts
100
Shares, or a unit of ownership in a company
Stocks
100
What is this character's name?
Chewbacca
200
The Central Bank of the United States
Federal Reserve (System) or "The Fed"
200
Money must be easy to divide into smaller amounts
Divisibility
200
An arrangement that allows a person to buy something now with borrowed money and pay for it later over time
Credit
200
True of False
Government Bonds are a "low risk" investment.
TRUE
200
Teacher to Luke, Yoda, am I -- What is Yoda's title?
JEDI MASTER
300
An account at a bank against which checks can be drawn by the account depositor.
Checking Account
300
Name three (3) items scarce enough to have been used as money
Gold, Silver, Salt, Shells, Certain Rocks, etc
300
True or False:
Debit Cards and Credit Cards are considered part of the money supply.
FALSE
300
What happens to your investment if a company goes bankrupt and you invested in their corporate bonds?
You lose your investment (you get $0 back)
300
Who is Luke Skywalker's & Princess Leia's Father?
Darth Vader
400
A method of dividing investment assets among different types of investments, such as stocks, bonds and cash
Asset Allocation
400
*******DOUBLE JEOPARDY*************
Being able to withstand the physical wear and tear of being continually transferred from person to person.
Durability
400
******DOUBLE JEOPARDY**********************
The total amount of money in the economy
Money Supply
400
Using money with the intention of making a financial gain.
Investing (Investment)
400
Who is the actor that plays Han Solo?
Harrison Ford
500
A method of lowering risk by investing in a wide variety of financial assets
Diversification
500
The most important characteristic of money
Acceptability
500
What do economists call the money supply that is made up of bills, coins and liquid assests?
M1
500
*******DOUBLE JEOPARDY*************
A collection of stocks and bonds that are professionally managed (moderate risk)
Mutual Funds
500
What are these fuzzy characters called?
Ewoks