Please answer these questions:

Over time, the U.S. economy tends to be , usually expanding but sometimes contracting during recessions. a. Strong b. Cyclical (moving in cycles) c. Static d. Volatile Financial Goal Setting organizes goals by: a. Amount (lowest cost to highest cost) b. Possible to impossible c. Timeframe (short term, intermediate and long term) d. Complexity (easiest to hardest) Bonds issued by corporations, the U.S. Treasury, state governments, city governments and various municipalities are: a. Tax-deferred b. Debt contracts that pay interest c. Equity that pays dividends d. Often volatile Stocks are: a. Tax-deferred investments b. Guaranteed to provide a return c. Like bank certificates of deposit d. Shares of ownership of a company, also known as equity An index fund is a mutual fund designed to mimic the performance of an index, a particular list of stocks or bonds whose performance is tracked as an indicator of an entire class or type of security. Investing in an index mutual fund is referred to as: a. Active investing b. Speculating c. Passive investing d. Trading