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Earnings on savings can be measured by the rate of return, or yield (APY).
True
Low risk
True
share account
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bull market
False
True
A market condition in which the prices of securities are falling is called a
True
Low risk
True
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False
True
Because investments are often risky, you should make them in addition to - not instead of - regular savings.
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Low risk
True
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False
True
A financial market or a group of securities in which prices are rising or are expected to rise is known as a
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Low risk
True
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False
True
Which of the following is NOT a disadvantage of investments through a brokerage firm?
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Low risk
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False
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The phrase "Don't put all your eggs in one basket" illustrates the concept of diversification.
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Low risk
True
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False
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Corporate bonds are debt obligations of state/local governments, whereas municipal bonds are debt obligations of corporations.
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Low risk
True
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False
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The type of savings account offered to members of a credit union is called a
True
Low risk
True
share account
bear market
bull market
False
True
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