unit 4 quiz

The annual rate of return if held until maturity

anything that serves as a medium of exchange, unit of account or store of value

Playing the market, or trading on an hourly basis, what is it called? (very risky)

The time at which payment to the holder is due

coins and paper bills used as money

failure to pay back a loan

the number of shares bought and sold in a given day

a collection of all of your financial assets

Which one in NOT an example of representative money?

all of the following are low risk investments EXCEPT

Which of the following is NOT an example of M1 money?

What type of stocks does NOT offer dividends?

certificate of ownership in a company

what are the three uses of money

Who is the head of the federal reserve board?

the act of putting money aside so that they may create benefits in the future

the direct exchange of of one set of goods and services for another

To finance the building of a school or police station, a local gov. would most likely issue a

money paid quarterly to investors

anything that serves as a medium of exchange, unit of account or store of value

the dow jones industrial average consists of

a market for buying or selling stocks

another word for face value or principal. $ paid to purchase bond

Which of the following is the main disadvantage of using cows as money

the practice of making high risk investments with borrowed money in the hopes of a huge return

an example of equity is

Which of the following is an example of the barter system?

what is a mortgage used to purchase?

the spreading out of investments to reduce risk

An investment report given to potential investors

The area in which a company does business, like manufacturing or pharmaceuticals

how many federal reserve districts are there?

Which ones are functions of financial institutions? (Banks)

what is the purpose of the FDIC?

When two major companies join together into one firm, it is known as what?

Which of the following is an example of representative money?

this is calculated by dividing the last closing price by the annual earnings per share

when the stock market is doing poorly for a period of time

when the stock market is doing well for a period of time

the ability to be used or easily converted into cash

Profit or the money above the principal

well-established corporations traded on the NYSE

Which one is NOT an example of fiat money

financial gain caused by difference between higher selling price than purchase price

the time at which payment to the holder is due

What is another name for an intermediary?

fund that pools the savings of many individuals and invests this money in a variety of ways

a person who links buyers and sellers of stock

What is an example of commodity money?

an example of a blue chip stock would be

the division of a single share of stock into more than one share

a business that specializes in the selling and buying of stocks