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Economic/Finance Quiz Flashcards | StudBud
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Economic/Finance Quiz
Economic/Finance Quiz
20 terms
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StudBud Administration
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82 plays
Economics and Personal Finacne
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
What is NOT a role of money?
Method of Exchange
Measure of Value
Consumer Sovereignty
A store of value
2
What is government issued money?
Cartel
Legal Tender
Money
Conglomerate
3
What is a want?
Shelter
Food
Water
Phone
4
Who needs car insurance?
A dead person
Kid
A person with a car
A car
5
What is USA's national bank called?
NYPD
LAX
FED
Treasury Department
6
What is a type of employment?
Frictional
Ethical
Spiritual
Critical
7
What type of economic system is used in the US?
Command
Traditional
Socialist
Market
8
Where can you get a money order?
FCPS
Post Office
Hardware Store
Target
9
What is an example of a natural resource?
Workers
Wood
Building
Phone
10
What is an example of a blue chip stock?
Poker Chip
NYSE
NASDAQ
Coca Cola
11
What does APR stand for?
Apple Phone Return
Annual Percentage Rate
Always People Racecar
IDK
12
When stock prices are overall decreasing it is called?
Bull Market
Fish Market
Bear Market
Slow Market
13
What is NOT a type of insurance?
Renter's
Car
Health
Vision
14
Interest earned on interest is called?
Interest
Interest2
Double Interest
Compound Interest
15
What is a bull market?
Bull
A market in which share prices are rising
Bear Market
High Expenses
16
What is American currency called?
Canada
BPS
PKR
USD
17
What is an example of open end credit?
Mortgage
Loan
Credit Card
Car Loans
18
What is a type of advertising?
Brand
Puffery
Phishing
Defensive
19
What is a low risk investment?
CD
Stocks
FICO
Blue Chip
20
The ability to change something to cash quickly is called:
Convertibility
Pin
Solidity
Liquidity
