This is what people buy to own part of a company, in order to make money as the company grows
Shares or Stocks
100
This is the total amount of money you have in your savings account
What is balance?
100
This is the interest you're charged for not paying off your full amount owed on a credit card
What is APR?
100
This states that people will buy cheaper alternatives to goods they want when available
What is the substitution effect?
100
This is Mr. John's home state in the USA
What is Maryland?
200
Money invested in an entrepreneurial enterprise (the business doesn't fully exist yet) is called...
What is "Venture Capital"?
200
The rate that you get back for keeping money in a savings account is called your...
What is an interest rate?
200
This is the score that you get to determine if it's wise to loan you money
What is your credit score/credit rating
200
I increased my price by 10%, but lost 15% of my sales. The demand for my product must be...
What is elastic?
200
Mr John is the co-founder of what after school activity?
What is QUIZ CLUB? (Mondays at 2:10-3:00.... be there or be square)
300
The concept of having different types of investments, to balance out risks and yields.
What is diversification?
300
I can't cash out my Certificate of Deposit until this happens
What is reaching maturity?
300
I must pay AT LEAST this amount to continue using my credit card
What is the minimum payment?
300
This is the total of all of my fixed costs I need to pay off for my business
What is overhead?
300
Mr John introduced this to the school during his second year here. You're welcome.
What is AP Psychology?
400
The government might take the money they get from bonds and invest it into highways, sewage lines, and other things that help society operate smoothly. This is called...
What is Infrastructure?
400
How easy it is for me to convert my bonds, savings, etc into actual spendable money is called...
What is liquidity?
400
Some credit cards offer rewards in the form of points. What are these points oftentimes used for?
What are airline miles/buying plane tickets?
400
Police, Firefighters, Roads, and National Security are all considered
What are public goods?
400
Mr John worked here in high school
What is a golf course?
500
When the stock market is doing poorly over a period of time, we are in a...
What is a Bear Market?
500
Some people save their money by buying bonds. Sometimes, the government encourages people to buy bonds. What is a specific type of government bond they may encourage people to buy?
What are war bonds?
500
Every year, to keep using my credit card, I need to pay an..
What is an annual fee?
500
The black market for selling tickets to events is sometimes referred to as...
What is "scalping"?
500
The name of Mr. John's friend from the United States who works as a pool supply store manager.