Unit 6 Test Answers
Which statement best describes how inflation affects the value of investments over time?
The chart shows facts related to professional interpreters.
Which of these is the best reason for Nina to monitor her bank account statements online or on her cell phone app?
Which are common mistakes people make when investing? Choose four answers.They put all of their money into one kind of investment at a time. They divide their funds between more risky and less risky options.They analyze their comfort level with the types of risk they will take. They invest more money than they can afford.They focus heavily on familiar investment opportunities. They hold onto investments longer than they should to recoup losses.
Calvin and Trish started a cleaning company, but unfortunately their competitors offered lower prices, and the company failed. Calvin and Trish had borrowed $20,000 to start the business.What is one consequence they would face if they go through bankruptcy?
Which questions should Robert ask himself before investing the $10,000 he inherited? Select four options.How am I protected as an investor? Are my friends investing in a similar way? What guarantees are in place so I make money? What taxes will I have to pay on this investment?How do the risks compare to the potential gains? What are the chances that the investment will fail?
One sign of transition to a mixed-market economy is the establishment of
Which is an example of a short-term investment?
Why might developed economies want to outsource manufacturing and other jobs to developing economies?
What occurs over time as a result of inflation? Check all that apply.
The images show the cost of the same bike in the United States and Britain.
Which of these affect real investment value? Check all that apply.fees and expensesinflationnominal interest ratepretax returnstaxes
What effect would a tax increase have on income?
Read this news report about a planned devaluation of the bolivar, the currency of Venezuela.The president of Venezuela announced that the country would be devaluating the bolivar for the fifth time in nine years. The official rate is falling from 4.3 bolivars to the dollar, to 6.3, a 32% devaluation. By increasing the bolivar value of exports of oil to the US and other nations, the government hopes to alleviate a budget crisis caused by its increasing reliance on borrowing to meet spending obligations.In response to the announcement, the people of Venezuela lined up today to buy televisions, electronics, and airline tickets in order to protect themselves from projected price increases.
What do borrowers use to secure a mortgage loan? Check all that apply.a credit carda down paymenta houselanda vehicle
People who make money investing in the stock market
Which best describes why countries establish limits on international trade? Choose three answers.
one yeartwo yearsthree yearsfour years
How do trade agreements of international organizations affect trade?
Putting money into more than one kind of investment at a time is called
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