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In: Computers and Technology

Submitted By Jakehogan287
Words 622
Pages 3
Name: Jacob Hogan
Date:3/3/16
Graded Assignment
Section 1 Study Questions
Instructions
Save the file in your Finance folder, and name it with Study, the section number, and your first initial and last name. For example, Jessie Robinson's study questions for Section 1 would be named Study1JRobinson.
Answer the questions for each lesson on the same day that you read the lesson. Save the file before closing it each day. Then turn in your answers to the study questions at the end of the section. Review Lesson 4 of the Course Overview for instructions about turning in your study questions.
Assignment
Total score: ____ of 9.0 points
Answer each question fully. Complete sentences are not necessary.
Lesson 1
(Score for Question 1: ___ of 0.5 points)
Name at least two things financial planning could help you do.
Answer:
It acts as a guideline for your business.
By observing the present, we can be able to predict the future

(Score for Question 2: ___ of 0.5 points)
What is trade?
Answer:
The action of buying and selling goods or services (Score for Question 3: ___ of 0.5 points)
What is a service?
Answer:
The action of helping someone or doing work for someone
(Score for Question 4: ___ of 0.5 points)
Name one of the three functions of money.
Answer:
Provides an object to trade with backed by gold
Medium of exchange
Store of value

(Score for Question 5: ___ of 0.5 points)
The real estate market is categorized in which way?
Answer:
Markets are often categorized by both commodity and geographic location, such as the Southwestern real estate market or the U.S. stock market. (Score for Question 6: ___ of 0.5 points)
What is a country’s GDP?
Answer:
Value of products and goods that come from a certain country.
Lesson 2
(Score for Question 1: ___ of 0.5 points) 1. What is a market economy?
Answer:
A market economy is an…...

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