Economics
What term describes a general rise in prices over time?
What is inflation?
The initial payment made when purchasing a home is called a ___ payment
What is a down payment?
A person who manages money and investments for clients
Who is a financial advisor?
This major US index tracks 500 of the largest companies and is used as a benchmark for the overall market
What is the S&P 500?
A tax on imported goods
What is a tariff?
A prolonged period of declining economic activity lasting two or more quarters
What is recession?
The person who helps buyers and sellers complete home transactions
Who is a real estate agent?
This executive oversees a company’s finances, including budgeting, reporting, and financial strategy
Who is a CFO (Chief Financial Officer)?
A rising market where prices are generally increasing is called a ____ market
What is a bull(ish) market?
This financial crime involves using confidential, nonpublic information to trade a stock before news is released
What is a insider trading?
The central bank of the United States
What is the federal reserve?
A loan used to buy property, typically repaid over 15–30 years
What is a mortgage?
These firms help companies raise money by selling stocks or bonds and advise them during major deals
What are investment banks?
Selling shares with the goal of buying to cover at a lower price is known as what?
What is shorting a stock?
This retirement account lets money grow tax-free, with tax-free withdrawals once you reach 59.5
What is a ROTH-IRA?
When inflation and unemployment rise while there is little change in wages, the economy is experiencing ____
What is stagflation?
The gradual decrease in a property's value over time due to age or wear and is often used as a tax deduction for real estate investors
What is depreciation?
Besides buying and selling properties, what other service does Schwalb Realty Group offer?
What is M & A (Mergers and Acquisitions)?
This term refers to the first time a private company sells shares to the public
What is an IPO (initial public offering)?
This investor's nickname is the “Oracle of Omaha”
Who is Warren Buffett?
An economic restriction that bans trade with a nation entirely
What is an embargo?
An asset pledged as security for a loan, which the lender can take if the borrower fails to repay
What is collateral?
These firms buy companies, try to improve them, and later sell them to earn a profit
What are private equity firms?
Borrowing money from a broker to invest is called? (high risk)
What is buying on margin?
This agency promotes competition, prevents monopolies, and investigates unfair business practices to protect consumers
What is the FTC (Federal Trade Commission)?