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FP I Objective 5 Vocab Review
Test Description: FP I Objective 5 vocab review
Instructions: Answer all questions to get your test result.
1) a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over a period of time.
A
standard of living
B
inflation
C
deflation
D
price stability
2) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care
A
inflation
B
deflation
C
standard of living
D
consumer price index
3) A broad term describing any marketplace where trading of securities including equities, bonds, currencies and derivatives occur.
A
liquidity
B
efficiency
C
financial market
D
call markets
4) Currency deposited by national governments or corporations, outside of its home market.
A
liquidity
B
call markets
C
eurocurrency
D
efficiency
5) Fulfilling the requirements of the law
A
compliance
B
six sigma
C
noncompliance
D
reasoning process
6) a system by which the directors of an organization handle their responsibility toward shareholders
A
noncompliance
B
compliance
C
risk management
D
corporate governance
7) The highest price at which a buyer is willing to purchase a stock or share
A
bear market
B
ask price
C
buy price
D
bull market
8) The lowest price at which the seller will sell a stock or share
A
ask price
B
by price
C
bear market
D
bull market
9) The movement of a stock relative to the movement of an index or the stock market;
A
bull market
B
volatility
C
buy
D
ask
10) A condition of the stock market in which stock prices are rising
A
bear market
B
sell price
C
bull market
D
ask price
11) A condition of the stock market in which stock prices are falling
A
bear market
B
bull market
C
buy price
D
ask price
*select an answer for all questions
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