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Stock Market! Flashcards | StudBud
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Stock Market!
Stock Market!
10 terms
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StudBud Administration
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100 plays
#economics #stockmarket
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What does it mean to "buy on margin"?
Buying stock on credit through a bank or broker
Buying a stock of a company while 15% of it is available
Borrowing money from your neighbor
Buying stock that you know you will not profit from
2
During the Great Recession 2007-2009, unemployment rates reached 10%
True
False
3
What is the primary reason companies use stock markets?
The company gains money to later monopolize other companies
The investors invest until they completely own the company
The company gains money & investors in turn make a profit
Greed
4
What is a "Bid"
the highest price to pay for a broker
the lowest price to sell a stock
the highest price to buy a stock
the lowest price to buy a stock
5
What is an "Ask"?
the lowest price to buy a stock
the highest price to sell a stock
the highest price to buy a broker
the lowest price to sell a stock
6
Which stock is the most expensive to buy into?
Berkshire Hathaway
NYSE
London Tower
Bill Gates Stock
7
What is the name of the first stock market in the U.S. & when was it founded?
NASDAQ; 1971
AMEX; 2001
NYSE; 1873
London Stock; 1653
8
If a company offers 100 stocks and you buy 10, what percent of the company do you own?
0.01%
1%
10%
100%
9
How much is a share in the Berkshire stock worth?
$125,00
$245,000
$50,000
$345,000
10
Which stock crashes are in correct chronological order?
Black Tuesday, Great Recession, Black Monday
Black Tuesday, Black Monday, Great Recession
Great Recession, Black Friday, Black Tuesday
Black Bear, Great Decline, Bull Market