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5 Written questions

5 Matching questions

  1. Stock
  2. Credit Cards
  3. Charter
  4. Money must be DIVISIBLE
  5. Shareholder / Stockholder
  1. a People who buy stock
  2. b It must be easy to break money into smaller units
  3. c Not true money! When you use a credit card, you are borrowing money from a company and will pay it back later
  4. d A license to become a corporation
  5. e Shares of ownership in a corporation

5 Multiple choice questions

  1. A business owned by a group of investors.
    -20% of today's businesses are corporations & they are the largest type of business
    -Corporations are treated as a legal entitty and must get a charter from the state in order to be incorporated
  2. A total of the closing prices of a group of selected stocks. This number is used to tell whether the stock market is doing well or not
  3. The father of economics
    He explained the ideas of capitalism/market economy
  4. Money is an object people use to buy goods and services. Instead of trading goods and services directly for other goods and services, we trade goods and services for money
  5. Money used to start a business

5 True/False questions

  1. Representative MoneyThe object used for money is valuable because the government says so

    Example: Cash

          

  2. SecuritiesGuessing the price of stock prices

          

  3. Commodity MoneyThe object used for money is valuable in itself

    Examples: Gold, Diamonds

          

  4. Money must be DURABLEMoney must stay valuable for a long time. It is controlled by the government.

          

  5. Mutual FundMoney made from selling stocks for more money than what you bought them for.

    This is one way stockholders earn money from investing in stocks