Econ Unit 4 Test
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| show | Money with intrinsic value
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| show | Money without value outside of what the gov says
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| Characteristics of effective money | show 🗑
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| show | Decreased value
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| What are the three functions of money? | show 🗑
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| show | A deposit you can easily put in and get back
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| Name examples of an M1 account. | show 🗑
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| show | An M1 account plus mutual funds
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| show | Bank oversight and deposit insurance
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| show | When many depositors withdraw their money at the same time
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| What is the FDIC? | show 🗑
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| What does the FDIC do? | show 🗑
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| show | How easily accessible/convertible an asset it
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| Define the Inconvertible Fiat Money Standard. | show 🗑
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| When you get a paycheck, you can ________ or ________ it. | show 🗑
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| show | Lend/borrow it
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| Name an example of a savings account. | show 🗑
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| show | Savers, investors, and financial institutions
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| What is another word for financial middlemen? | show 🗑
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| show | Commercial banks, credit unions, savings banks, mutual savings banks
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| show | Mutual funds, pension funds, finance companies, life insurance companies
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| show | Life insurance
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| When you invest in something, you have to look at the _______ vs the _______ | show 🗑
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| show | Trading
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| show | Bonds
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| What makes up a bond? | show 🗑
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| Other investments include ________ and _________ | show 🗑
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| show | 401(k) and IRA
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| show | 401(k)
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| show | False, only an employer can provide a 401(k)
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| show | Equities
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| show | Argues that stocks are usually priced about right and bargains are hard to come by
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| show | Internet, stockbroker
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| What is it called when you invest in various types of stocks? | show 🗑
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| What are places where stocks are bought and sold? | show 🗑
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| show | AMEX, NYSE
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| show | NASDAQ
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| What is an over the counter market? | show 🗑
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| show | DJIA, 30
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| What is a bull market? | show 🗑
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| What is a bear market? | show 🗑
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| An ______ contract is an agreement to buy/sell stock in the future | show 🗑
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| show | Call
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| show | Put
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| What is the best interest rate for any investment? | show 🗑
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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