Which option describes a bank savings account? (1 point)
• An account giving 0.05% interest with no other limitations
• A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
• A "basket" of money pooled in by many investors to acquire securities based on the value of cash.
• An investment in stocks.
An account giving 0.05% interest with no other limitations.
Which of the following is a certificate of deposit (CD)? (1 point)
• An account paying 0.5% interest with no other limitations.
• A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest.
• A "basket" of money pooled in by many investors to acquire securities based on the value of cash.
• An investment in stocks.
A deposit that has to be maintained in the bank for 1 year in exchange of a 2% interest is a certificate of deposit (CD).
What does the abbreviation ROl stand for? (1 point)
• ratio of investment
• return on internal loan
• return on investment
• ratio of organic investment
Return on investment (ROI)
Which of the following is the safest investment? (1 point)
• stocks
• government bonds
• mutual funds
• cryptocurrencies
Government bonds are typically considered the safest investment option among the options listed.
Which of the following is an advantage of both direct stock purchase plans and employee stock purchase plans?
(1 point)
• option to buy stock at a discounted price
• access to research and financial strategies
• pretax payroll deductions
• lower set-up fees
An advantage of both direct stock purchase plans and employee stock purchase plans is the option to buy stock at a discounted price.
Identify a service that would be fulfilled by a local government. (1 point)
• managing state-wide higher education services
• filling potholes in a community
• defending the border from invasions
• resolving disputes between two states
Filling potholes in a community is a service that would typically be fulfilled by a local government.
Compare how state governments and federal governments structure their different branches. (1 point)
• States have an executive branch, a legislative branch, and a judicial branch, but they have little power compared to the federal government.
• State and federal governments have the same three branches of government, but they differ in size and scope.
• States have an executive branch and a legislative branch, but the federal government alone has a judicial branch.
• States have a judicial branch and a legislative branch, but there is only an executive branch at the federal level.
State and federal governments have the same three branches of government, but they differ in size and scope.
In creating a Venn diagram to compare levels of government, what information can you convey? (1 point)
• the similarities and differences between the different levels of government
• the conflicting relationship between state governments and the federal government
• the relationship between different types of local government
• the power of the executive branch as compared to the different levels of government
In creating a Venn diagram to compare levels of government, you can convey the similarities and differences between the different levels of government.
Local governments would solely be in charge of which of the following services? (1 point)
• trash collection
• military spending
• enforcing laws
• civil service pensions
Trash collection is a service that local governments would solely be in charge of.
How might you critique the relationship between state and local governments? (1 point)
• State and local governments can come into conflict over who is responsible for which services.
• The relationship between state and local governments is faulty as there is little interaction between them.
• State and local governments can provide too many services for customers to utilize.
• The relationship between state and local governments can be hyper-polarized.