A
B
C
D
Bonus Questions
100
The (APR) of a savings account is defined as
Annual Percentage Rate
100
An Entrepreneur is defined as
Starts up a new business
100
How many months of emergency savings should you have on hand in times of need?
6 Months
100
What is the current national debt in USA?
$16.5 Trillion
100
Tell me the names of every restaurant who ran a Dealio so far this week!
Gator Jacks - The Hickory - G's Dairy - Taco Time
200
What is a typical Mortgage term is how many years? either __ or __ years
15 or 30 years
200
The largest stock exchange is the world is the
The NYSE - New York Stock Exchange
200
Industry dominated by a few suppliers who excercise some control over price is known as...
What is an Oligopoly.
200
Setting aside income for a period of time so that it can be used later is called
Saving
200
How many stocks are in the DOW (Dow Jones Industrial Average)? Name 5 of those stocks
What is 30.
300
The number/rating that allows Lenders to assess your riskiness and whether or not you will pay the money back is an example of your?
Credit Score
300
A temporary partnership set up for a specific purpose for a short period of time is known as a...
What is a Joint Venture
300
Market situation in which there are numerous buyers and sellers, and no single buyer or seller can affect price.
What is perfect competition.
300
An Investment company that pools the money of many individuals to make short-term loans to businesses, banks or to buy stock.
Mutual Fund
300
Who are the two teams that are playing in the World Series and the Superbowl?
What is the Detroit Tigers vs San Francisco Giants. SF 49ers vs Baltimore Ravens
400
Your Credit Score ranges between what two numbers?
300 - 850
400
Business owned and operated by one person
What is Sole proprietorship
400
Obstacles to competition that prevent other from enters a market are called
Barriers to Entry
400
The assembly line was developed early in the twentieth centery by what company?
What is Ford Motor Company.
400
Name the 2 Major League Baseball Pitchers who graducated from Madison High School and tell me what teams they currently play for in MLB.
Matt Lindstom - Chicogo White Sox Clayton Mortenson - Boston Red Sox
500
Economics rule stating that the additional satisfaction a consumer gets from purchasing one more unit of a product declines with each additional unit purchased.
What is the law of diminishing marginal utility.
500
According to the law of demand, when the price of an item goes up, the quantity demanded
Falls
500
What are the top 4 main Itemized Deductions?
Mortgage Interest - Property Taxes - Charity - $500 Goodwill or DI Contribution
500
Borrowing money to finance a business is known as...
What is Debt Financing.
500
When was the last time Madison won state in Football and Volleyball (not in the same year). How many times has Madison won state in Basketball since 1990?
What is 1995 and 1992. 5 Times