Howell HS
Mrs. Frontero
Financial Literacy
Money
Savings
100
A series of equal, regular deposits is called an annuity.
What is an annuity
100
The amount of goods and services available for sale
What is supply
100
Beliefs and principles that a person considers important, correct, and desirable
What is a values
100
Amount of goods and services people are willing to buy
What is demand
100
Amount of money deposited and on which interest is paid
What is principal
200
Ability to easily convert financial resources into cash without loss of value
What is liquidity
200
The way you spend, save, and invest your money to have the kind of life you want as well as financial security.
What is personal financial planning
200
General rise in the level of prices for goods and services over time.
What is inflation
200
Business ownership is the principal vehicle for creating this
What is wealth
200
Ways in which people make, distribute, and use their goods and services is called this
What is the economy
300
Trade-off made by making one choice instead of another
What is opportunity cost
300
Financial plans that are more than five years off
What are long-term goals
300
Financial plans that are less than a year off
What are short-term goals
300
In this type of system, people have the important right to make economic choices
What is a free enterprise system
300
Increase in an amount of money as a result of interest or dividends earned
What is the time value of money
400
An increase in deman without and increase in supply is the main cause of this
What is inflation
400
cosmetology and plumbing are examples of this
What is a service
400
Study of the decisions that go into making, distributing, and using goods and services.
What is economics
400
The central banking organization of the United States
What is the Federal Reserve System
400
Amount that your original deposit will be worth in the future based on a specific interest rate over a specific period of time
What is future value
500
Establishes that price alone does not determine demand
What is the Law of diminishing marginal utility
500
This has shortened th time it takes to introduce a new product
What is technology
500
Druing the 4th quarter of the AFC Championship Game on January 11, 1987, the Denver Broncos led by quarterback John Elway took the ball 98 yards to tie the game with 37 seconds left in regulation. This became known as 'The Drive' What team were they playing?
Who are the Cleveland Browns
500
This NHL player holds the record for all-time regular season goaltender wins with 551
Who is Patrick Roy
500
You are in the air and your front hand grabs the board on the heelside edge between your feet and you pull the board up to your head you have done this trick
What is a method
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