Question

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.
Answer
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.
Answer
What does the abbreviation ROl stand for? (1 point)
• ratio of investment
• return on internal loan
• return on investment
• ratio of organic investment
Answer
Which of the following is the safest investment? (1 point)
• stocks
• government bonds
• mutual funds
• cryptocurrencies
Answer
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
Answer
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
Answer
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.
Answer
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
Answer
Local governments would solely be in charge of which of the following services? (1 point)
• trash collection
• military spending
• enforcing laws
• civil service pensions
Answer
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.
Answered by GPT 3.5
An account giving 0.05% interest with no other limitations.
Answered by GPT 3.5
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).
Answered by GPT 3.5
Return on investment (ROI)
Answered by GPT 3.5
Government bonds are typically considered the safest investment option among the options listed.
Answered by GPT 3.5
An advantage of both direct stock purchase plans and employee stock purchase plans is the option to buy stock at a discounted price.
Answered by GPT 3.5
Filling potholes in a community is a service that would typically be fulfilled by a local government.
Answered by GPT 3.5
State and federal governments have the same three branches of government, but they differ in size and scope.
Answered by GPT 3.5
In creating a Venn diagram to compare levels of government, you can convey the similarities and differences between the different levels of government.
Answered by GPT 3.5
Trash collection is a service that local governments would solely be in charge of.
Answered by GPT 3.5
State and local governments can come into conflict over who is responsible for which services can be a critique of the relationship between state and local governments.