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Investing Unit Test
Test Description: Econ Personal Finance Investing Unit Test review
Instructions: Answer all questions to get your test result.
1) When you own stocks, your share of the profit is called ____.
A
mutual funds
B
dividends
C
securities
D
bonds
2) In regards to investing, putting some money in safe investments and some money in risky investments is called ____.
A
diversifying
B
securing
C
funding
D
rate of return
3) A place where stocks are bought and sold is a ____.
A
stock exchange
B
stock broker
C
stock ticker
D
money market
4) ____ is the world's first electronic stock market.
A
S&P 500
B
NYSE
C
NASDAQ
D
Wilshire 5000
5) The largest stock exchange in the world in terms of money traded located on Wall Street is the ___.
A
NYSE
B
S&P 500
C
Dow Jones Industrial
D
Wilshire 5000
6) Which of the following is NOT one of the stock market indices we discussed?
A
Wilshire 5000
B
S&P 500
C
Dow Jones Industrial
D
NYSE
7) Which of the following is NOT a category of bonds?
A
corporate
B
municipal
C
US and treasuries
D
mutual
8) In a ____ market, there is fear, backing away, and investors are selling stocks and are hesitant to buy.
A
monkey
B
bear
C
bull
D
turtle
9) I=P*R*T is the formula for calculating ____ interest.
A
finance
B
mutual
C
simple
D
compound
10) Income minus expenses necessary for living equals
A
investing
B
gross income
C
interest
D
discretionary income
*select an answer for all questions
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