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Investing in a Market Economy

Quiz by David Trees

Economics with Emphasis on the Free Enterprise System and Its Benefits

Texas Essential Knowledge and Skills (TEKS)

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High School
Economics with Emphasis on the Free Enterprise System and Its Benefits
Texas Essential Knowledge and Skills (TEKS)

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Q 1/3
Score 0
Why is it important to pay off debts before investing?
29
because of tax considerations.
because the interest on debts usually exceed the amount you earn.
because it will eliminate unwanted phone calls from banks.

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3 questions

Show answers

Q1
Why is it important to pay off debts before investing?
because of tax considerations.
because the interest on debts usually exceed the amount you earn.
because it will eliminate unwanted phone calls from banks.
45s
113.31.C.16
Q2
What kind of risk is involved in putting money in a bank savings account?
very high risk
very little if any
you may lose it all.
45s
113.31.C.16
Q3
Why are long- term investors more tolerent of risk than short -term investors?
short -term investing and lon-term investing have the same amount of risk.
long-term investing allows for time to recover short -term losses.
reduses the risk of investing and is safer.
45s
113.31.C.16

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