Stocks
The US company traded under the symbol $MSFT
What is Microsoft
In 2008 this bubble, fueled by risky lending and speculation, burst, leading to the financial crisis.
2008 Housing Crisis
What is the score called that represents your ability to repay loans?
What is a credit score?
Who is known as the father of modern economics and wrote The Wealth of Nations?
Who is Adam Smith?
How many floors are in the BPMC building?
5
What financial term describes owning a part of a company, typically through shares?
What is stock?
Who is the current Fed Chair?
Jerome Powell
What does the acronym "IRA" stand for in personal finance?
What is Individual Retirement Account?
What does GDP stand for?
What is Gross Domestic Product?
Which First Lady of the United States attended West Chester University?
Who is Jill Biden?
What is the increase in value of an asset that has not yet been sold?
Unrealized Gains
In 2008, this financial institution filed for the largest bankruptcy in U.S. history.
What is Lehman Brothers?
What type of debt is used to purchase a home?
What is a mortgage?
What is the term for the sustained increase in the general price level of goods and services?
What is inflation?
ON March 12, 2009, He was sentenced to 150 years in prison and ordered to pay $170 billion in restitution for running a Ponzi scheme.
who is Bernie Madoff
Apple, Microsoft Corporation, Amazon.com, Alphabet, Tesla, NVIDIA Corporation, and Meta Platforms, Inc are referred to as this group.
Magnificent Seven (mag 7)
Which U.S. central bank was established in 1913 to manage the nation's monetary policy?
What is the Federal Reserve?
What form do employees fill out to determine how much federal income tax is withheld from their paycheck?
What is a W-4?
What is the term for money that has no intrinsic value but is established as money by government decree?
What is fiat money?
The mysterious creator of Bitcoin
Who is Satoshi Nakamoto?
This term describes the event in early 2021 when retail investors drove up GameStop's stock price, causing significant losses for short sellers.
What is a short squeeze?
The president took the United States off the gold standard in 1971.
Who is Richard Nixon?
What does the acronym FDIC stand for, which protects your deposits in banks?
What is Federal Deposit Insurance Corporation?
What do we call a tax on imported goods?
What is a tariff?
What does EBITDA stand for?
acronym for earnings before interest, taxes, depreciation, and amortization.