Investing and Financial Markets — Unit test Answers

Which factors can affect a stock’s price? Check all that apply.

Sara is 16 years old and would like to open a bank account. What will she need in addition to her parent or guardian? Select four answers.

Which option below is not a potential risk of purchasing a used car?

Which is the most important consideration when deciding to purchase or lease a vehicle?

What can be traded in a commodities market?

Which of these is the best reason for Nina to monitor her bank account statements online or on her cell phone app?

What is an advantage of renting a place to live?

Which budgeting questions should Sara ask when deciding whether to rent or buy a house? Check all that apply.

The most economical way to purchase large items, such as furniture, is to buy with.

Sofia has saved $10,000. She wants to be sure that she is earning interest on her money and can add to her savings. She also wants to be able to access her money if the need should arise.Which type of account is most suitable for Sofia’s needs?

Look at the table below showing an example of a checkbook ledger.

The point at which it is no longer advantageous to buy in bulk is known as marginal

Which statement best describes stocks?

Once stocks are on the market, which best explains how their prices are set?

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Why is it risky to invest in a commodity?

The image shows Alex’s investments in one year. Investments during One Year

To revise a monthly budget, changes in which categories might need to be addressed? Check all that apply.

What is advertising used for? Check all that apply.

Which best describes what a market index does?