Money Matters 1
Anything used to measure value during the exchange of goods and services.
a. comparative exchange
b. medium of exchange
c. loans
d. medium of transfer
b. medium of exchange
__________ is the money, such as interest, an investor receives above and beyond the sum of money initially invested.
a. reward
b. return
c. refund
d. replacement
b. return
When the stock market falls for a period of time, people call it a ____________.
a. bull market
b. bare market
c. bear market
d. bowl market
c. bear market
Likely to change suddenly and unexpectedly, especially by getting worse.
a. deity
b. famine
c. volatile
d. grotesque
c. volatile
Not likely to change or fail; firmly established.
a. obligation
b. severe
c. exert
d. stable
d. stable
Type of money that has value because the government states that it is an acceptable means to pay debts.
a. commodity money
b. representative money
c. fiat money
d. government bonds
c. fiat money
The portions of stock that people buy are called ________ of stock.
a. exchanges
b. shares
c. stakes
d. investments
b. shares
_____________ are direct payments of money to poor, disabled, or retired people.
a. check transfers
b. money payments
c. cash transfers
d. checking accounts
c. cash transfers
No longer in use or practice; out of date.
a. prophecy
b. obsolete
c. secular
d. commemorate
b. obsolete
Seeming difficult to deal with in anticipation; intimidating.
a. daunting
b. mantra
c. shortcoming
d. rectify
a. daunting
What is NOT a characteristic of currency?
a. durability
b. scarcity
c. uniformity
d. imperishability
d. imperishability
________________ is a high-risk investment with borrowed money in hope of big returns.
a. lottery
b. stock exchanges
c. mutual fund
d. speculation
d. speculation
The richest _____ percent of the population in the U.S. earns more income than the rest of the population combined.
a. 10
b. 20
c. 30
d. 40
b. 20
To create difficulties for someone, resulting in delay or obstruction.
a. hinder
b. syndrome
c. peripheral
d. discern
a. hinder
Very sad and without hope.
a. coerce
b. despondent
c. loquacious
d. exude
b. despondent
The idea of spreading out investments to reduce risk is called …
a. redirecting resources
b. computation
c. diversification
d. reduction
c. diversification
Investors in stocks may make a profit by receiving a ______________, a payment made by corporations to stockholders.
a. dividend
b. winnings
c. pension
d. settlement
a. dividend
According to the Poverty and Income Distribution summary, which is NOT the causes of poverty.
a. unemployment
b. lack of education
c. discrimination based on race and gender
d. stock market speculation
d. stock market speculation
Acting as an agent between people or things.
a. expansion
b. essence
c. intermediary
d. liquid
c. intermediary
Insufficient for the demand; limited in supply.
a. durable
b. portable
c. uniformity
d. scarce
d. scarce
____________ are private investment organizations that offer riskier investments with the potential for larger profits.
a. hedge funds
b. credit unions
c. NYSE
d. Dow Jones
a. hedge funds
The stock market collapse called the “Great Crash” occurred during this time.
a. December 1925
b. October 1929
c. October 1992
d. December 1952
b. October 1929
_____________ are low-employment areas where companies can locate free of certain taxes.
a. enterprise zone
b. comfort zone
c. fracture zone
d. poverty zone
a. enterprise zone
Having a reasonable chance of succeeding.
a. qualification
b. viable
c. internship
d. expectation
b. viable
Competent or skilled in doing or using something.
a. accelerate
b. selective
c. proficient
d. traditional
c. proficient