W!SE Review

A bear market is when the overall market is rising. 

The amount of goods and services available for sale is called ____.

The FDIC is responsible for insuring your money in credit unions.

Financial plans that are more than five years long are called ____.

Because of inflation a dollar will be worth_____________ in the future.

Of the following investments, the one with the most predictable income is ____.

When writing a check, include all of the following EXCEPT ____.

Earning interest on previously earned interest is called ____.

The FDIC  insures depositors against losing their money in the case of a ____.

Which is the most liquid asset?

The purpose of Insurance is NOT to:

Credit cards allow you to ____.

An example of a variable expense is ____.

IRA stands for: 

The rule of 72 is used to determine how much money you can earn in a certain amount of time. 

In a Chapter 13 bankruptcy, the debtor usually gets to ____.

What is the largest stock market in the world?

The NCUA is responsible for insuring the Credit Unions 

Comprehensive Insurance would be used mostly if a person: 

A disadvantage of using a safe-deposit box for keeping financial documents is that it ____.

Insurance risks involving losses caused by negligence are called ____.

The trade-off made by making one choice instead of another is commonly referred to as a(n) ___.

A corporation gets it equity capital from its ____.

A driver’s insurance premium rates will probably increase if he or she ____.

An example of open-end credit is a(n) ____.

Which term refers to loss in value as an item gets older?

One use of discretionary funds is spending on ____.

Which of the “five C’s of credit” require that a person’s assets exceed his or her liabilities?

W-4 forms are used to determine the number of dependents a person has. 

The ways in which people make, distribute, and use their goods and services is called the ____.

Which if the following types of investments has the lowest risk and lowest rate of return?

To earn high interest rates on a CD's  you must accept all the following limitations EXCEPT __.

Your net worth goes up when you ____.

Blue Chip stocks are well established stocks with a history of success

You will earn a higher interest rate when you ____.

The term used to describe the ease & speed that you can convert savings or investment to cash

Saving for vacation next summer or paying off debts by the end of the year are examples of 

The amount that you pay out of pocket before your insurance company will pay for anything...

Compared with commercial banks, credit unions generally offer __

Renting is often a wise choice for someone who wants ____