2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt StockBankingMoneyTaxes Grab Bag

A declining market is a a.Bull market b.Bear market c.Inflation d.Bond market

A declining market is a b. Bear market

A period during which the purchasing power of the dollar is declining is a.A dividend b.Stock split c.Inflation d.Bond market

A period during which the purchasing power of the dollar is declining is c. Inflation

Shares of ownership in a company are called a.Yield b.Stocks c.Profit d.Net worth

Shares of ownership in a company are called b. Stocks

A rising market is a a.Bull market b.Bear market c.Inflation market d.Bond market

A rising market is a a.Bull market

A payment that a company makes to its shareholders is called a a.Broker b.Interest c.Asset d.Dividend

A payment that a company makes to its shareholders is called a d. Dividend

The original amount of the loan or savings is called the a.Market b.Interest c.Principle d.Price

The original amount of the loan or savings is called the c. Principle

The medium that is accepted for goods and services is called a.Market b.Interest c.Principle d.Money

The medium that is accepted for goods and services is called d. Money

A charge for a loan or savings; usually a percent of the principle is called a.Market b.Interest c.Demand d.Money

A charge for a loan or savings; usually a percent of the principle is called b. Interest

When interest is earned on both the principle and the interest, it is called a.Compound interest b.Production interest c.Demand interest d.Net profit

When interest is earned on both the principle and the interest, it is called a.Compound interest

A bank will a.Pay interest on savings b.Offer credit cards c.Offer checking accounts d.All of the above

A bank will d. All of the above

There is a relationship between the amount of money you make and the amount of education you have. a. True b. False

There is a relationship between the amount of money you make and the amount of education you have. a. True

When you plan what you will spend each week or month it is called____ a. An investment b. A savings account c. A budget d. Philanthropy

When you plan what you will spend each week or month it is called____ c. A budget

When you have money left over after paying all of your bills, it’s called_____ a. An investment b. Disposable income c. A budget d. Philanthropy

When you have money left over after paying all of your bills, it’s called_____ b. Disposable income

What are the four things you can do with money?

a. Save it b. Spend it c. Invest it d. Donate it to charity

Before we had money, how did people acquire “things” that they needed?

Traded or bartered for goods or services

A fixed rate tax where everybody pays the same percent is called a a. Proportional tax b. Regressive tax c. Progressive tax

A fixed rate tax where everybody pays the same percent is called a a. Proportional tax

A tax that increases with the amount of money you make is called a a. Proportional tax b. Regressive tax c. Progressive tax

A tax that increases with the amount of money you make is called a c. Progressive tax

A tax that decreases as the amount of money you have increases is called a a. Proportional tax b. Regressive tax c. Progressive tax

A tax that decreases as the amount of money you have increases is called a b. Regressive tax

The total amount you get before any taxes are taken out is called your____ a. Gross pay b. Net pay c. Tax table d. FICA score

The total amount you get before any taxes are taken out is called your____ a. Gross pay

The total amount you get before after taxes and other deductions are taken out is called your____ a. Gross pay b. Net pay c. Tax table d. FICA score

The total amount you get before after taxes and other deductions are taken out is called your____ b. Net pay

Your credit rating used by lenders and creditors is called your_____ a. Gross pay b. Net pay c. Tax table d. FICA score

Your credit rating used by lenders and creditors is called your_____ d. FICA score

When you work you must pay_____ a. Local tax b. State tax c. Federal tax d. All of these e. None of these

When you work you must pay_____ d. All of these

You worked 20 hours last week and made $7.00 per hour. How do you figure your GROSS income?

Multiply hours x amount 20 x $7 = $140

A loan of money for an amount of time and for a certain rate is called___ a. An asset b. Credit c. An entrepreneur d. A business plan

A loan of money for an amount of time and for a certain rate is called___ b. Credit

A person who starts his/her own business to make a profit is called ____ a. An asset b. Credit c. An entrepreneur d. A business plan

A person who starts his/her own business to make a profit is called ____ c. An entrepreneur