Insurance
What is life insurance?
What is a policy that pays out to someone’s family when they pass away.
Which one is not a type of tax?
A. what is sales tax
B. what is income tax
C. what is technology tax
C. what is technology tax
Which one is the safest investment
A. What is stock
B. What is bond
C. What is mutual fund
B. What is bonds
What is collateral?
What is what the bank can take from you if you don’t repay your loan.
What is Insurance Premium?
What is the monthly payment to have insurance.
What is Proportional Tax?
What is a tax where everyone pays the same percentage of their income.
What is a stock?
What is buying apiece of a company in the hopes of earning profits.
What is a bank?
What is a for profit financial institution where you can make deposits and takeout loans.
What are the 5 types of insurance we talked about?
What is Life Insurance, Health Insurance, Disability Insurance, Automobile Insurance, and Homeowners Insurance.
Which one is an example of Regressive Tax?
A. What is Property taxes
B. What is a sales tax on luxury goods
C. What is a homeowners tax
A. What is Property taxes
What is risk vs. return?
what is the higher the risk, the higher the potential return; the lower the risk, the lower the potential return (direct relationship).
What is the difference between fixed and variable interest?
What is fixed interest never changes but variable interest can change at any time.
What is an Insurance Deductible?
What is the amount you have to pay when something actually happens before the insurance company will pay the rest.
What is the difference between Progressive Tax and Regressive Tax?
What is processive tax increases as income increases; regressive increases as income decreases.
Why is a stock more risky then a bond.
What is due to the fact that they offer no guaranteed returns to the investor, unlike bonds, which offer fairly reliable returns through coupon payments.
What is the relation ship between Education Level vs. Income Level?
What is the higher the education, the higher the income/ the lower the education the lower the income.
What is the difference between life and health insurance?
What is health insurance is designed to pay for treatment costs; whereas life insurance provides a cash sum to your loved ones if you die during the length of the policy.
Which type of tax has a greater affect on lower income household?
What is Regressive taxes
What is the main difference between stock and mutual fund?
What is stocks are an investment in a single company, while mutual funds hold many investments — meaning potentially hundreds of stocks — in a single fund.
What is the connection between human capital and human investment?
What is the workers in human capital have to invest in human investment to be able to be good in human capital.