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Chapter 11 Quiz Flashcards | StudBud
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Chapter 11 Quiz
Chapter 11 Quiz
20 terms
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StudBud Administration
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21 plays
#economics
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
The time you need to work at a company before you can take the employer's matching contribution
plans vest
vesting
company policy
bond trade
2
Primary Market example
Records
Large TVs
Small CDs
Games
3
What is a Credit Union?
A Company
A nonprofit service that accepts deposits and makes loans
A fund that collects and invests income
A firm that makes loans directly to consumers
4
401(k) Plan is a savings plan
False
True
5
A popular stock exchange is...
NYSE
AMEX
NPY
KLPA
6
Stocks that represent ownership shares in corporation
Market Bond
Market Value
Equities
Equity Bond
7
What is life insurance
idk
it pays you every month
a type of loan
it provides financial protection for the spouse/kids
8
Risky bonds...
Yolo Bond
Junk Bond
Savings Bond
EE Saving Bond
9
There are fewer than _____ banks in the US
14,00
500
a million
6,000
10
What is a Bear Market
a "mean" market
a market in the woods
i didnt really pay attention
a strong market
11
Principal of a bond or total amount borrowed
Bond Price
Bond
Loan
Par Value
12
The life of the bond
Par Value
Shelf Life
Maturity
Age
13
A bond is...
less risk, lower return
less risk, higher return
higher risk, lower return
higher risk, higher return
14
Savings = the dollars that become available for investors to use when others save
True
False
15
Stock Broker: A person who buys and sells equities for themselves only
True
False
16
A Stock Is
higher risk, lower return
lower risk, higher return
higher risk, higher return
lower risk, lower return
17
A person designated to take ownership of an asset if the owner dies
Next of kin
Spouse
Bond Heir
Beneficiary
18
Funds that collect periodic contributions from a firm's employees
life insurance
Finance companies
Pension funds
pay day
19
What is a bull market?
took place in the Great Recession
a strong market
a mean market
an energy drink market
20
Mutual Fund
a type of company that sells shares of stocks to investors
strategy of holding different investments to minimize risk
An exclusive fund for only 2 people to share
A special type of bank acount
