Multiple choice.
1) what is it called when someone buys and sells stocks constantly, checking by the minute instead of longer term?
A- blue-chip trading
B- night trading
C- conservative trading
D- day trading
2) what does owning stock in a company actually mean?
A- a share of ownership in the company
B- lending money to the company
C- both a and b
D- none of the above
3) what category of investments is considered to be the highest risk?
A- financial security
B- growth
C- speculation
D- safety and income
4) what does “liquidity” mean as far as a persons money in an account?
A- how much it is worth
B- how long you’ve had it in the account
C- how easily and quickly it can be withdrawn
D- none of the above
6) what is a possible negative thing about having a large amount of money in a regular savings account
A- the interest earned may be less than the inflation rate
B- it takes a while to take money out
C- the interest earned may be more than the inflation rate
D- none of the above
7) what is the total amount of money that you earn called?
A- net pay
B- take home pay
C- gross pay
D- none of the above
8) which of the following is NOT a service of checking accounts?
A- stop payment orders
B- debit cards
C- online checking
D- money market interest
9) what could possibly get you in trouble with a checking account?
A- not reconciling your balance periodically
B- ordering too many check blanks
C- overdraft protection
D- none of the above
10) what does the fdic insure?
A- bonds
B- stock market holdings
C- savings account
D- none of the above
Please help me
Answers: 2
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