Definition of stocks
What is a partial ownership of a company or equity of a company
What is the average Americans budget
A.)10,575
B.)6,545
C.)5,230
D.)6,000
B.)6,545
What is the average credit score for an American?
A.)615
B.)714
C.)819
D.)912
B.)714
What country has the lowest average pay?
A.)Burundi
B.)Central African Republic
C.)Malawi
D.)Niger
A.)Burundi
Definition of Mutual funds
Buying a diversified portfolio of stocks, bonds and other assets
What is the average debt rate for an American household?
A.)$75,000
B.)$85,000
C.)$95,000
D.)$105,000
D.)$105,000
$6,500-$6,700
True or False
One and eight people survive off of a income of $1 a day
True
Definition of Bonds
Letting someone borrow money which they will pay back plus some
What is the average budget for Americans to go on trips
A.)$1,258
B.)$2,137
C.)$2,743
D.)$3,561
C.)$2,743
What is the most common credit card limit?
$30,000-$34,000
What was the first credit card made of?
Card board
What is a diversified portfolio?
A diversified portfolio is spread out investments to help minimize risk of a bad performance
What is the average salary in America
A.)$69,846
B.)$70,987
C.)$59,759
D.)$80,933
A.)$69,846
True or False
Credit cards are used more then debit cards
True
What percent of the worlds money is physical?
8%
What is the stock market?
A market place that people buy and sell parts or shares of companies
What is the most expensive thing that americans include in their budget?
Housing
What state has the highest average credit score?
Minnesota
When was the first dollar sign used?
A.)1585
B.)1685
C.)1785
D.)1885
1785