Economics - Investment and Taxes Review

Shares of ownership in businesses

What is the rule for figuring out how long it will take for your money to double?

What is the minimum among of time you should leave your money invested?

Another name for a risky bond

What is the percentage one pays on a capital gain tax?

How many companies are in the DOW?

Which of the following is correct?

Oldest, largest and most prestigious stock exchange

Someone who inherits the ownership of a financial asset is called a/an

Mutual funds are safe because

Long-term, tax-sheltered time deposits set up as part of retirements are called ___.

Loans made to banks are called ___

Which company was kicked out of the DOW because they accepted bail out money in 2009?

A simple tax levied on most consumer purchases is called

The motto for investment is "Pay yourself first"

Bonds issued by state and local government are called

Loans made to businesses or governments

Company sells stock in itself &invests the money in stocks/bonds issued by other corporations?

Companies that have been selling stock for a long time are called ___.

State sales tax is a ____.

High tax to raise revenue & reduce consumption of a socially undesirable product?

Companies that are just starting to go public with selling stock are called __.

When stock market prices decline for several months in a row

What term refers to a complex tax on people’s earnings

Which is not a criteria for effective taxes?

What percentage of your money should you invest every year?

A city income tax is ___

How old do you have to be to take money out of an IRA without penalty?

Tax that imposes a higher % rate of taxation on persons with low incomes than on high incomes

Tax that imposes a higher % rate of taxation on person with high incomes than on low incomes

Federal Income tax is a ____.