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Corporate bonds are debt obligations of state/local governments, whereas municipal bonds are debt obligations of corporations.
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
Because investments are often risky, you should make them in addition to - not instead of - regular savings.
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
Earnings on savings can be measured by the rate of return, or yield (APY).
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
A market condition in which the prices of securities are falling is called a
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
APY stands for
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
A regular savings account is illiquid because you cannot withdraw your money at any time without penalty.
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
A financial market or a group of securities in which prices are rising or are expected to rise is known as a
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
Which of the following is NOT a disadvantage of investments through a brokerage firm?
False
bull market
False
Annual Percentage Yield
bear market
True
Low risk
True
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