Unit 3 Econ Review

Factors that affect you credit score include all of the following EXCEPT

The main trade-off that all investors must consider is:

Investing your money over a variety of different types of investments

This is the amount that you pay monthly or annually for your insurance

This is earned when a stockholder sells a stock for more than they paid for it.

Which of the following occurs when wages increase?

In general, the greater the expected return, the greater the

The term referring to the rate of yearly interest for your credit card is commonly known

When money you are saving is put into an account or asset that earns interest, it is called

Which of the following will most likely increase the supply of lawyers?

The United States' largest stock exchange. Only stocks for the largest & most established compaines are traded here

This exchange specializes in high-tech and energy stocks.

Which form is your employer required to send to you before you file your tax return?

Which of the following will most likely increase the wages of car mechanics?

Which type of bank account typically offers no interest?

Interest that is earned off of the principal only is called what

Interest that is earned on the prinicipal and any previously earned interest

The amount an investor pays to purchase the bond and that will be repaid to the investor at maturity

Which piece of information is most useful to an identity thief?

Which of the following statements is most correct?

This is a person who links buyers and sellers of stock

The form filed by students to receive federal financial aid for school is known as:

When the government pays a corporation to offset the cost of production it is called a subsidy.

Which of the following typically has the lowest fees or costs to use?

By what date must federal taxes typically be filed and sent to the IRS?

Which statement is most correct when choosing to rent or buy a home?

Which will most benefit you financially?

This part of the economy is controlled by the government

When the government redistributes income in the form of welfare or social security it is called

A plan designed to help manage money by monitoring income and tracking expenses is called a

__________ are paid out to shareholders based on the profits of a corporation

The amount you pay your insurance company before any benefits are paid to/for you is called the

Which type of IRA account allows you to make a contribution to an account without paying taxes

Which type of investment option represents direct ownership on a company

A decrease in the demand for carpenters will

The time at which payment to the bondholder is due

The interest rate the bond issuer will pay to the bond holder

When buying a stock in a company, you are:

Which of the following steps best protects your credit history if you suspect fraud?

Businesses that specialize in trading stocks

This is part of the economy is controlled by individuals and businesses

Which of following drivers will likely pay the highest auto insurance premiums?

_______________ are known for providing a small, short-term loans at an unusually high interest rate

The supply for labor shows a(n) ______ relationship between wages and the number of workers that want a job

One key difference between a bank and a credit union is

Which of the following typically have the highest fees?

These are basically loans, or IOUs, that represent debt the government or a corporation must repay to an investor

These are payments for the factors of production