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