Types of Financial Assets: Money, Stocks & Bonds


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question 1 of 3

George reaches into his wallet and pulls out a $20 US bill to pay for his coffee. By using currency to make a purchase, what is George actually doing?

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1. Which of the following BEST explains the contractual obligation associated with stock?

2. Which of the following lists is in the correct order, from least to most, of the market value of each of these financial assets?

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About This Quiz & Worksheet

This quiz and worksheet combo will gauge your understanding of financial assets. In order to pass the quiz, you'll need to know the definitions of money, stock, and bonds and their relative values.

Quiz & Worksheet Goals

In these assessments, you'll be tested on:

  • Different ways of referring to money
  • The definition of stock
  • The definition of bond
  • Comparative market value of money, stocks, and bonds
  • How money, stocks, and bonds contribute to the broader economy

Skills Practiced

  • Defining key concepts - ensure you can accurately define main phrases, including stocks and bonds
  • Distinguishing differences - compare and contrast topics from the lesson, such as stocks and bonds
  • Making connections - understand how each financial asset is important to the national economy

Additional Learning

To learn more about these financial assets, review the accompanying lesson titled Types of Financial Assets: Money, Stocks & Bonds. This lesson covers the following objectives:

  • Define money, stocks, and bonds
  • Understand money is important for trade
  • Recognize the impact of business performance on stocks
  • Learn the national market value of money, stocks, and bonds
  • Understand the obligations required by a bond