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Econ-Unit1-Test
Profits that go back into the company...
Most representative of stocks in general.
Econ-Unit1-Test
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Economics
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60 cards
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Questions
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Answers
1
Most representative of stocks in general.
Dow Jones Industrial Average
Standard and Poors 500
NASDAQ Composite
2
Profits that go back into the company...
retained earnings
dividends
3
Loans to corporations.
common stock
mutual fund
corporate bond
preferred stock
4
Place where stocks, bonds, commodities were traded.
index
exchange
5
Merger between companies that produce at different stages of production.
conglomerate
vertical
horizontal
6
Trading Trivia
: How much did the Dukes lose?
$1 billion
$950 million
$565,000
$394 million
7
Combination of savings and investments.
common stock
mutual fund
preferred stock
corporate bond
8
Not publicly traded but has more than one owner. Liability is unlimited.
proprietorship
corporation
partnership
9
Businesses who sell the rights to use their name, but owners must comply with parent company.
partnership
non-profit corporation
franchise
10
Trading Trivia
: Panicing pork belly sellers feared not getting this unless they sell...
a new BMW
a BLT
a luxury yacht
GI Joe with the kung-fu grip
11
Lowest known interest rates, FDIC insured, little to no minimum deposit.
certificate of deposit
checking account
money market account
savings account
12
Single owner of a company. Takes all risks, gets all rewards.
proprietorship
partnership
corporation
13
Savings and investment money is more safely found in your...
fixed expenses
flexible expenses
14
Highest interest rates, FDIC insured, high minimum deposit.
checking account
certificate of deposit
money market account
savings account
15
% the owners get back from the price of stock from dividends...
market capitalization
yield
volume
16
Earnings (as in P/E and PEG ratio), when sales are > than expenses.
revenues
costs
profits
17
Profits that go to the owners...
dividends
yields
18
Merger between competing companies.
vertical
horizontal
conglomerate
19
Water! Water! Water! (said in raspy voice)
economic want
economic need
economic good
20
Price of stock is determined by...
the company
government
buyers and sellers
21
Scarcity is at the root of the definition of...
economics
financial capital
entrepreneurship
22
Stocks, bonds, mutual funds...
investment
savings
23
Sales (as in the P/S ratio), aka...
costs
revenues
profits
24
Weighted average of select group of stocks.
mutual fund
market
index
exchange
25
Makes trades, gives advice, works out budget with clients.
brokers
bankers
accountants
26
Trading Trivia
: Billy Ray's Green Beret code name in Vietnam...
VC Avenger
Charlie
Agent Orange
Superman
27
Do you have to have the item in your possession before you sell short?
yes
no
28
Tech stocks, index of an exchange.
Dow Jones Industrial Average
Standard and Poors 500
NASDAQ Composite
29
Company issues stock, cannot control who owns it, owners have little say, easy to transfer.
partnership
proprietorship
corporation
30
Buying ______. Get stock now, sell later.
long
short
31
Ease of access to money...
liquidity
elasticity
32
Studying individual markets and smaller-scale economics.
microeconomics
macroeconomics
33
% you get back on stock sales, dividends, or interest.
rate of return
interest rate
34
Sheetz runs!
fixed expenses
economic need
flexible expenses
economic want
35
The plate, to the company that owns it.
labor
human capital
physical capital
36
The yummy stuff on the plate.
economic service
economic good
37
Merger between unrelated companies.
conglomerate
vertical
horizontal
38
Proprietorships and partnerships may form these to get more protection, but is more complicated
LLC or s-corporation
joint ventures
franchise
39
The person who provides that yummy stuff on the plate.
economic service
economic good
40
Whole economy (national/international) inflation, recession, GDP, unit 3.
microeconomics
macroeconomics
41
Limited check writing, high minimum deposit, FDIC insured
savings account
money market account
certificate of deposit
checking account
42
The amount paid back on the savings or loan original amount.
dividend
interest
principal
43
Not a commodity.
animal crackers
petroleum
gold
wheat
44
The original deposit or loan amount.
dividend
interest
principal
45
The factor of production that was lacking here...
human capital
physical capital
labor
46
Having greater needs and wants than resources.
opportunity cost
scarcity
compounding
47
Ownership in a corporation with voting rights.
mutual fund
preferred stock
common stock
corporate bond
48
30 large corporations, represents major sectors of economy.
Dow Jones Industrial Average
NASDAQ Composite
Standard and Poors 500
49
Trading Trivia
: Where did Ophelia keep her money before W&V put it in FCOJ?
savings (CDs)
mutual fund (index funds)
stock (equities)
government bonds (T-bills)
50
Money to buy the things you need to start/run a business.
savings
financial capital
investment
51
The person who provides that yummy stuff on the plate.
human capital
physical capital
labor
52
Who or what gets $ stock sale after issue?
the company
the buyer
the seller
53
Two companies become one or one takes over another.
merger or acquisition
stock split
54
"Ownership" that gives 1st cut of profits, but does not give voting rights.
corporate bond
mutual fund
preferred stock
common stock
55
The person who is willing to take the risk and bring the innovation to start business.
profiteer
human capital
labor
entrepreneur
56
CDs, savings accounts, money market accounts
savings
investment
57
No interest, most liquid, FDIC insured
checking account
savings account
certificate of deposit
money market account
58
Mutual fund value is determined by...
buyers and sellers
the government
the investments/savings in the funds
59
Trading Trivia
: What kind of animal wanted to have an S painted on the top of his car?
skunk
snail
snake
60
Who or what gets $ at IPO or stock issue?
the seller
the buyer
the company