HumanitiesLinguisticsLanguagesEnglish LanguageBuilding 1 – EverFi Marketplaces
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Building 1 - EverFi Marketplaces

Ula Green avatar Ula Green
6 September 2022
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30 test answers

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question
What is the global economy?
answer
All the transactions that occur in connected markets across the economies of different countries.
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All of the transactions that occur in connected markets across the economies of different countries create...
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The global economy
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How does a global economy impact you?
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Both A and B (you can access G&S, & investments from markets around the world; which means you are connected to different markets around the world)
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How does the financial market impact the economy?
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Both A and C (the financial market helps the economy grow; which gives individuals, companies, and government access to money they need)
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Which of the following statements about the importance of the financial market is TRUE?
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The financial market is one of the most important markets for economic growth.
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Which of the following statements about the relationship between the financial market and the economy is TRUE?
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The financial market helps the economy grow.
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Which of the following statements about the impact of the financial market is TRUE?
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All of the above
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Why might individuals want to participate in the financial market?
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Individuals can invest their money in the financial market to help them achieve their financial goals.
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Imagine you own a startup company. How might you benefit from participating in the financial market?
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Both A and B are true.
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Which of the following is NOT an example of a financial market?
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The export market
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Which financial market is the stock market a part of?
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The capital market
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The capital market is the market for...
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Stocks and bonds
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Which of the following is NOT an example of a transaction?
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Giving your friend a gift for their birthday.
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Which of the following is NOT an example of a transaction?
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An individual volunteering their time at a local charity.
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Which of the following is NOT an example of a transaction?
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Finding a $10 bill on the ground.
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The financial market first started over 500 years ago with merchants trading debts.
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True
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The financial markets are a relatively new technological development created in the last 50 years.
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False
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The financial markets were created more than 500 years ago.
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True
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What is a stock exchange?
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A place where investors can buy and sell different investments.
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What is the place where investments are bought and sold called?
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The stock exchange
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Which of the following statements is TRUE?
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A stock exchange is a place where investors can buy and sell different investments.
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Most stock exchanges today use electronic trading.
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True
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Most stock exchanges today use floor trading with human brokers.
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False
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The stock exchange scene has not changed much over time; floor trading and human brokers are still used at most stock exchanges.
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False
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What does a broker do?
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Makes investment trades for their clients
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Which person is responsible for buying and selling investments for their clients?
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A broker
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Why might a broker look at world news and financial data?
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To help them make recommendations to their clients on what investments to buy and sell.
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When there are events that promote economic growth in the news, what usually happens to stock prices?
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Stock prices in all industries go up
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When a natural disaster happens, what usually happens to stock prices?
answer
Stock prices go up in some industries and down in other industries
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When there are events that are unfavorable to economic growth (such as a global recession) in the news, what usually happens to stock prices?
answer
Stock prices in all industries go down