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5 Written questions

5 Matching questions

  1. Checks
  2. Speculation
  3. Securities
  4. Charter
  5. Command Economy
  1. a Checks represent money in a checking account that is stored at the bank. This type of money is representative
  2. b A license to become a corporation
  3. c Another word for stocks and bonds
  4. d Also called communism
    Economic decisions are made by a central authority (like a king, powerful political party, or dictator). The government owns and controls all land and capital goods & decides what is produced, how its produced, and how much will be produced
  5. e Guessing the price of stock prices

5 Multiple choice questions

  1. A certificate that a stockholder gets that shows the number of shares in a company that person owns
  2. Not true money! When you use a credit card, you are borrowing money from a company and will pay it back later
  3. Shares of ownership in a corporation
  4. A business owned by 1 person.
    -70% of today's businesses are sole proprietorships, but they only make about 10% sales in today's economy
    -Examples: small retail stores, doctor's office
  5. Coins and paper money. It is also called currency. This is fiat money and is the most commonly used form of money

5 True/False questions

  1. DividendsChecks represent money in a checking account that is stored at the bank. This type of money is representative

          

  2. Money has 3 jobs:
    3) Money stores value
    Money lasts for a long time, so you can keep it for a long time. It lets people store, or keep, their wealth.

          

  3. Capital (investment capital)Money made from selling stocks for more money than what you bought them for.

    This is one way stockholders earn money from investing in stocks

          

  4. MonopolyA certificate promising to repay borrowed money with interest
    -There are 2 types of bonds - corporate and municipal/government bonds
    *Bonds are a safer investment than stocks

          

  5. Savings AccountsA place where stocks and bonds (also called securities) are bought & sold.

    The New York Stock Exchange is the largest in the world.

          

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