Question
Please help with all if possible 1. Suppose you have some money. Is it safe ti put your money into one business or investment, or
Please help with all if possible
1. Suppose you have some money. Is it safe ti put your money into one business or investment, or to put your money into one business or investment, or to put your money into multiple businesses or investments?
- Apple
- One
- Two
- Mutual fund
- Multiple
2. An increase from 5% to 8% in the interest rates would most likely encourage:
- People to eat out more often
- people to save money
- people to purchase housing
- businesses to invest
3. If your credit card is stolen and the thief runs up a total debt of $1000, but you notify the issuer of the card as soon as it is missing, what is the maximum amount you can be forced to pay according to federal law?
- 1000
- 1000 plus penalty
- 500
-50
- nothing
4. The Principle behind acquiring a collection of different types of investments to reduce risk is called?
- Diversification
- Passive Investment strategy
- liquidity
- tax avoidance
- dollar cost averaging
5. If you need to borrow $100, which is the lowest number to pay back?
- $100 + 2 percent
- $100 + 3%
- $105
-$104
6. Which of the following best describes the primary source of income for most people age 20 to 35? (select one or more)
- Salaries, Wages, and tips
- Dividends and interest
- royalties
- profits from businesses
- rents
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