Investing
What animal represents a rising stock market?
A bull
Which country was the first to use paper money?
China
The total amount of money you earn on your paycheck before any taxes or deductions are taken out.
Gross Pay
This financial term describes a market where stock prices are steadily rising.
Bull market
This well-known stock market index tracks 500 of the largest publicly traded companies in the United States.
S&P 500
This plastic card allows you to buy things directly using money from your checking account.
Debit Card
Earning interest on top of the interest you previously earned is called this.
Compound Interest
Before modern currency was invented, people traded goods and services directly in a system called this.
Bartering
The total amount of money you earn on your paycheck before any taxes or deductions are taken out.
Gross Pay
What is the official currency of Switzerland?
The Swiss Franc
Expenses that stay the same every month, such as a mortgage or car payment.
Fixed Expenses
Who is the father of modern economics?
Adam Smith
Instead of owning a piece of a company, this type of investment is essentially a loan you make to a corporation or government.
Bond
A long-term loan that people use specifically to buy a house or real estate
Mortgage
An account specifically designed for storing money you don't need immediately while earning interest.
Savings account
What is the name of the famous bronze statue located near Wall Street in New York City?
The Charging Bull
What does the acronym IPO stand for?
Initial Public Offering
This system of 12 regional banks serves as the central bank of the United States
The Federal Reserve
The classic golden rule of investing, "Don't put all your eggs in one basket," describes this risk-reducing strategy
Diversification
What was the first American company to reach a $1 trillion market cap?
Apple