Economics Test: The Stock Market

true

An open mutual fund is when you put your money in the fund and the company combines your money with the money of millions of other investors, and buys stocks and bonds with it.

true

If the company has been making a good profit against competition, you may continue to see that profit grow, and that is a good sign for investing.

broker

If you purchased stocks for people, you would be known as a ?

true

Mattel, as well as thousands of other companies, offer the opportunity to buy a part of their company by selling shares.

true

NYSE symbols are usually 1, 2, or 3 letters.

true

People will subscribe to publications such as Barron's or The Wall Street Journal to get info on investing more wisely.

more harsh

Percentage-wise, the 1987 stock market crash was ?

false

Preferred stock is a type of stock that is the safest you can purchase.

true

Putting money into stocks is a risky thing.

false

The Wall Street Journal actually added to the fears of people in 1929 by reporting in an irresponsible manner about unfound fears.

1929

The two worst stock market crashes of all time occurred in ? and 1987

competition

When investing in stock, it is important to study both product demand and ?

dividends

Which column in the newspaper will you check to tell the amount of money from company's profits that will be paid to you as a stockholder?

Don't invest money that you can't afford to lose.

one of the 1st rules that almost any investor will tell you