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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
dividends
B
mutual funds
C
bonds
D
securities
2) In regards to investing, putting some money in safe investments and some money in risky investments is called ____.
A
funding
B
securing
C
rate of return
D
diversifying
3) A place where stocks are bought and sold is a ____.
A
money market
B
stock exchange
C
stock ticker
D
stock broker
4) ____ is the world's first electronic stock market.
A
NASDAQ
B
Wilshire 5000
C
S&P 500
D
NYSE
5) The largest stock exchange in the world in terms of money traded located on Wall Street is the ___.
A
Wilshire 5000
B
S&P 500
C
NYSE
D
Dow Jones Industrial
6) Which of the following is NOT one of the stock market indices we discussed?
A
S&P 500
B
Wilshire 5000
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
turtle
C
bear
D
bull
9) I=P*R*T is the formula for calculating ____ interest.
A
compound
B
simple
C
finance
D
mutual
10) Income minus expenses necessary for living equals
A
investing
B
interest
C
discretionary income
D
gross income
*select an answer for all questions
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