B
A
D
1. To trade stocks in a stock market is called all of these EXCEPT ____.
A. Exchange
B. Buy/Sell ***
C. Trade
D. Open Market
2. Closing costs are calculated based on ____.
A. Down payment made
B. selling price of the house
C. loan minus down payment
D. selling price of the house minus down payment***
3. Which savings instruments is considered the riskiest?
A. Stock***
B. CD
C. Treasury bond
D. savings account
When a stock increases in value, you have a ____.
A. loss
B. increase
C. decrease
D. gain****
