Banking
This type of bank account is designed for everyday spending, bill payments, and debit card use.
What is a checking account?
This is the ability to borrow money now and pay it back later.
What is credit?
Government regulated money that a country officially services.
What is currency?
This represents a unit of ownership in a company that investors can buy and sell.
What is a share?
The rate that measures economic conditions that result in scarcity in job availability.
What is unemployment rate?
Who is Mr. Arthur?
This type of bank account is designed for storing a lot of money long term.
What is a savings account?
The annual cost of borrowing money on a credit card.
What is APR or Annual Percentage Rate?
Electronic based currency not regulated by the government.
What is cryptocurrency?
This stock market index tracks 30 major U.S. companies and is often used to measure the overall market’s performance.
What is the Dow Jones Industrial Index?
This term describes a period when the economy slows down and overall spending decreases.
What is a recession?
The most popular and most valuable electronic based currency.
What is bitcoin?
The minimum starting balance that a bank asks to be in an account.
What is the minimum deposit?
Making only this type of payment on a credit card causes interest to continue adding to the balance.
U.S. organization that is responsible for printing paper currency.
What is the US Mint or Bureau of Engraving and Printing?
This stock market index is known for tracking many technology-focused companies.
What is Nasdaq?
This economic system is based on private ownership and decisions made by individuals and businesses.
What is capitalism?
According to recent financial surveys, this percentage of Americans report living paycheck to paycheck, highlighting how little margin for error many households have.
What is 67% ?
A charge a bank applies when the funds have been exceeded beyond the actual balance.
What is an overdraft fee?
This three-digit number represents how risky a borrower appears to lenders.
What is a credit score?
What is inflation?
Stock investments spread over multiple different companies as opposed to a singular one.
What is a mutual fund? Or what is diversification?
This term describes a period of growth and rising employment.
What is economic expansion?
Financial aid that helps pay for college and usually does not have to be repaid if academic or eligibility requirements are met.
What is an academic scholarship?
This federal program protects bank deposits (up to a certain limit) if a bank fails.
What is the FDIC?
Paying your full credit card balance every month helps you avoid this extra cost.
What is interest?
The country in which paper-based currency was invented?
What is China?
The term that applies to a stock market that contains declining prices, low investor confidence and high selling levels to avoid losses.
What is a bear market?
This institution controls the money supply and interest rates in the United States.
What is the federal reserve?
The Rizzler who's Ohio Skibidi aura is 67, no cap.
Who is Steve?