Home Library Explore SAT

Home Library Explore SAT

Econ- Money and Investing Flashcards | StudBud

Explore/Econ- Money and Investing

Econ- Money and Investing

10 terms·StudBud Administration·123 plays

Imported from external platform

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
Which of these is considered part of the money supply?
municipal bonds
credit cards
checking accounts
mutual funds
2
The investors on "Shark Tank" are considered venture capitalists because they want:
interest payments
investment in exchange for ownership shares
management jobs
broad publicity
3
When you use a credit card, you are:
promising to pay the store later
making a commercial loan
borrowing money from a bank
withdrawing from your accout
4
How does personal savings help the economy to grow?
It results in individuals spending less
It motivates families to make a budget
It provides funds for business investment
It causes manufacturers to lower their prices
5
What is the advantage of investing in a mutual fund compared to a single stock?
the government regulates mutual funds, but not stocks
Diversification reduces risk
Mutual funds bring higher returns
Mutual funds guarantee principal
6
What institution determines what fraction of deposits a bank must have available for customers?
the Federal Reserve
the SEC
the FDIC
the New York Stock Exchange
7
Who are the primary consumers of the Federal Reserve?
individuals
governments
businesses
private banks
8
Which of these is a disadvantage of turning a partnership into a corporation?
less management skill
expanded liability
loss of control
continuity issues
9
Why are U.S. dollars considered money?
They are backed by silver and gold
They are printed on paper and minted as coins
Their value rises and falls with the economy
By law, they must be accepted as a means of payment
10
The board of directors of a corporation is selected by and accountable to the:
shareholders
stakeholders
CEO
founding entreprenuer