Podcast
Questions and Answers
What was the smallest price difference in the stock market before 2001?
What was the smallest price difference in the stock market before 2001?
- 50 cents
- 6.25 cents
- 25 cents
- 12.5 cents (correct)
Why did the Spanish divide their Gold doubloons into 2, 4, and 8 pieces?
Why did the Spanish divide their Gold doubloons into 2, 4, and 8 pieces?
- To enable people to count them on their fingers (correct)
- To limit the circulation of doubloons
- To create a complex currency system
- To confuse potential counterfeiters
What was the reason for adding 1/16 dollar (6.25 cents) into the stock market system?
What was the reason for adding 1/16 dollar (6.25 cents) into the stock market system?
- To discourage small investors
- To decrease the smallest price difference (correct)
- To maintain the status quo
- To increase the smallest price difference
What was the main reason for the stock market to switch to a decimal system in 2001?
What was the main reason for the stock market to switch to a decimal system in 2001?
What currency system did the New York Stock Exchange initially adopt?
What currency system did the New York Stock Exchange initially adopt?
What was the name of the earliest recorded stock market bubble?
What was the name of the earliest recorded stock market bubble?
Why were people confident in the South Sea Company?
Why were people confident in the South Sea Company?
What caused the rapid decline in the share price of the South Sea Company?
What caused the rapid decline in the share price of the South Sea Company?
What was the percentage increase in the share price of the South Sea Company from 1720 to the end of August 1720?
What was the percentage increase in the share price of the South Sea Company from 1720 to the end of August 1720?
What was the main factor that led to the rapid inflation of the share price of the South Sea Company?
What was the main factor that led to the rapid inflation of the share price of the South Sea Company?
Flashcards are hidden until you start studying
