11.
The opposite of expansion is called ____________.
trough
recession
contraction
peak
12.
Interest is paid on a certificate of deposit (CD) when it is opened.
True
False
13.
____________ is a health insurance program for U.S. citizens who are 65 and older.
Medicaid
Medicare
Term insurance
Social insurance
14.
Business organizations, known as brokerage houses, buy and sell stocks for their customers. Each brokerage house is a member of the ______________.
charter
Securities and Exchange Commission (SEC)
Federal Deposit Insurance Company (FDIC)
stock exchange
15.
Unemployment compensation lasts for however long a person is without work.
True
False
The opposite of expansion is called ____________.
trough
recession
contraction
peak
12.
Interest is paid on a certificate of deposit (CD) when it is opened.
True
False
13.
____________ is a health insurance program for U.S. citizens who are 65 and older.
Medicaid
Medicare
Term insurance
Social insurance
14.
Business organizations, known as brokerage houses, buy and sell stocks for their customers. Each brokerage house is a member of the ______________.
charter
Securities and Exchange Commission (SEC)
Federal Deposit Insurance Company (FDIC)
stock exchange
15.
Unemployment compensation lasts for however long a person is without work.
True
False
