Financial Issues
What is an RRSP?
Registered Retirement Savings Plan
Remove one word to make the following sentence correct:
I was made a cake.
Remove "was"
What does the following word mean?
Infrastructure
the basic physical and organizational structures and facilities (e.g. buildings, roads, power supplies) needed for the operation of a society or enterprise.
"the social and economic infrastructure of a country"
2 of the following six countries are in East Africa. Which ones are they?
Guatemala - Kenya - Jamaica - Peru - Nigeria - Tanzania
Kenya and Tanzania
True or False: Birds are Dinosaurs
TRUE - I sincerely hope you know this by now
Name two situations in which taking on debt can be a financially intelligent decision.
Add one word to the following sentence to make it correct.
I saw a move on Friday, it was really good.
and
What does the following word mean?
Byproduct
an incidental or secondary product made in the manufacture or synthesis of something else.
"zinc is a byproduct of the glazing process"
a secondary result, unintended but inevitably produced in doing or producing something else.
"he saw poverty as the byproduct of colonial prosperity"
Name all three territories in Canada
Nunavut, Northwest Territories, Yukon
True or False: Michael is partly Neanderthal
TRUE!
Name two things you can do to improve your credit score.
Pay bills on time, pay off credit card on time, limited amounts of credit available, Use only about 30% of available credit, Limits inquiries for new credit
Add one word to correct the following sentence.
Beyonce, is a famous singer, released a new album yesterday.
who
What does the following word mean?
Incentivize
"this is likely to incentivize management to find savings"
Name the two major rivers in Iraq
The Tigris and Euphrates
Name three large (bigger than a dog) plant-eating animals that live in Southern and Western Alberta
Bison, Moose, Elk, Mule Deer, White-tailed deer, Bighorn sheep, Mountain goat, Pronghorn
Explain how interest rates have both contributed to the increase in housing prices and Canada and to the recent decline in those prices.
Low interest rates made borrowing for a home easier. Recent increases in the interest rate have caused prices to decline.
Where should a comma be placed in the following sentence?
According to my father bacteria are the most interesting living things.
After "to"
What does the following word mean?
Mitigate
make less severe, serious, or painful.
"he wanted to mitigate misery in the world"
lessen the gravity of (an offense or mistake).
"there had been a provocation that mitigated the offense to a degree"
Name two religions that originated in South Asia
Hinduism, Buddhism, Sikhism, Jainism
What is the largest animal, past or present, that we know about?
The Blue Whale
Explain how sub-prime mortgages caused the 2008-2010 Global Financial Crisis
Sub-prime mortgages attracted poorer home buyers with low down payments and initial interest rates. Many organizations invested in these mortgages. When interest rates increased, many people foreclosed on their home causing house prices to drop and investments to lose money.
What is the problem with the following sentence?
In Calgary has a big festival in July, and it is called the Calgary Stampede.
Eliminate "In" = Locations should not function as subjects
What does the following expression mean?
Kick the can down the road
put off confronting a difficult issue or making an important decision, typically on a continuing basis.
"I appreciate that he doesn't want to raise taxes, but sooner or later you have to stop kicking the can down the road"
The word "Aztecs" was created by a European. What word did the people of this culture use to refer to themselves?
Mexica
Name five dinosaurs.
Tyrannosaurus, Triceratops, Velociraptor, etc. The trick here is that you can also list a bunch of birds and be correct - chicken, duck, turkey, sparrow, and crow would be correct.