Unit 4 Honors Economics

Question 1

A person's assets are held in their?

Accepted Answer

Portfolio

Question 2

What are the names of both types of banks in the Federal Reserve System?

Accepted Answer

Central & Member

Question 3

Any high risk investments are probably a/an?

Accepted Answer

Hedge Fund

Question 4

An IOU or a personal check is what type of money?

Accepted Answer

Representative

Question 5

When a bank lends out money from savings and creates more money but must maintain a reserve its

Accepted Answer

Fractional Reserve Banking

Question 6

Short term loans (under a year) participate in which market?

Accepted Answer

Money Market

Question 7

What is measured in shares?

Accepted Answer

Stocks

Question 8

The term that describes converting assets to cash is?

Accepted Answer

Liquidity

Question 9

The face value of a bond is called the?

Accepted Answer

Par Value

Question 10

A coupon rate is a bond's?

Accepted Answer

Interest rate

Question 11

If you fail to repay a loan you are in?

Accepted Answer

Default

Question 12

A bond will reach its par value when it achieves?

Accepted Answer

Maturity

Question 13

When a bank runs out of cash, it is called a/an?

Accepted Answer

Bank run

Question 14

A profit from an initial investment in the stock market is a/an?

Accepted Answer

Capital Gain

Question 15

Which of the following is not commodity money?

Accepted Answer

Federal Reserve Notes

Question 16

Automatic payments through checking accounts or debit cards are?

Accepted Answer

Demand deposits

Question 17

If an individual does not put all their eggs in one basket they have?

Accepted Answer

Diversified

Question 18

Gold and silver are valuable because they have?

Accepted Answer

Store of value

Question 19

The amount that is borrowed is called the?

Accepted Answer

Principal

Question 20

When the stock market is in decline it is called a/an?

Accepted Answer

Bear

Question 21

When money is used to make money it is called a/an?

Accepted Answer

Investment

Question 22

Pamphlets that list stocks & commodities are commonly called?

Accepted Answer

Prospectus

Question 23

Which of the following is not specie?

Accepted Answer

Iron

Question 24

If a stock or bond is issued in your name, it is only tradable in which market

Accepted Answer

Primary

Question 25

Anything that determines the value during a trade is a/an?

Accepted Answer

Medium of exchange

Question 26

If someone defaults on their mortgage the bank may?

Accepted Answer

Foreclose

Question 27

A federal reserve note is?

Accepted Answer

Fiat Money

Question 28

All currency in the US is part of the?

Accepted Answer

Money supply

Question 29

Anyone or thing that helps a person invest is a/an?

Accepted Answer

Financial Intermediary

Question 30

What type of bond is issued by a city for projects?

Accepted Answer

Municipal

Question 31

If a pineapple is compared to a shirt, it is comparing the?

Accepted Answer

Unit of account

Question 32

A contract that sells a stock at a future date is called a/an?

Accepted Answer

Put Option

Unit 4 Honors Economics

Questions 32

Unit 4 Honors Economics

Questions 32