Your Questions About Paper Trading Online

Ken asks…

One-I lost a book from my schools library. Two- I can’t find it online?!!!?

Okay so it’s the first day I noticed it was missing. I was confident it was in my bag. Sure of it. But when i took it out to read it, it wasn’t there. I went frantic and searched everywhere in my house so it might be at school.
Second, If I can’t find it (with my luck I probably won’t) and want to replace it, I can’t because I can’t find it online. It’s not an old book really. It’s probably a early 2000’s book. I think it was called “Noah’s Secrets” BUT I CANT FIND IT ANYWHERE. So please help me find the book online and please tell me how to tell the librarian. I can easily trade in the book for 3 other books. A new hard-cover and two newish paperbacks. So 3 birds with one stone? Heh. If they’ll let me.

It was a paper back, tore a little here and there. The book had a face of brunette girl, with freckles brown eyes I think. With a Giant wave and fire on the corners. 🙂 If you could find it on amazon that would be cool. If you find its existence anywhere that would be nice as well.
NEVERMIND.
I found it online. It’s called the Noah Confessions.
-.- So how do I replace it at school then?

John answers:

Talk to the librarian, explain that you lost the book and offer the replacement. Every library has a different procedure for replacing lost books, so just ask what to do. It happens all the time, don’t worry. The librarian will be happy that you told the truth and offered the replacement.

Linda asks…

can someone help me with my online class?

Question 4

To work well as a medium of exchange, an item must be
Answer

portable.

durable.

easily divisible.

all of the above.
2 points
Question 5

A claim on the property and income of the borrower is called
Answer

a capital gain.

an equity.

a financial asset.

an investment.
2 points
Question 6

What is one of the most promising strategies for success that an investor can follow?
Answer

Invest in penny stocks.

Invest consistently over a long period of time.

Concentrate on options rather than equities.

Look for complex investments rather than simple ones.
2 points
Question 7

An investor views a corporate bond as
Answer

a tax-free investment.

a way to obtain ownership in a corporation.

a financial asset that generates interest.

a risk-free investment.
2 points
Question 8

How many shares were traded on this particular day?

Use the table to answer the questions.

Answer

22,015

2,201,500

22,015,000

2,2501
2 points
Question 9

Fiat money is
Answer

money in checking accounts.

money that has value as a good.

money that is valuable only because the government says it is.

near money that can easily be converted into money.
2 points
Question 10

United States Treasury Bonds
Answer

are generally regarded as the safest of all financial assets.

pay the highest return.

both a and b are true statements

neither a nor b is a true statement
2 points
Question 11

The Dow-Jones Industrial Average
Answer

advertises good stock investments.

involves only the bond market.

represents the best capital markets.

is based on the performance of 30 representative stocks.
2 points
Question 12

What is the value of a ten dollar bill?
Answer

The value of the goods and services it can buy.

It is hardly worth the paper it is printed on.

The cost of the paper it is printed on.

The ten dollars in gold used to back it up.
2 points
Question 13

Exceptionally risky bonds are
Answer

mutual funds.

pension funds.

individual retirement accounts.

municipal bonds.

junk bonds.
2 points
Question 14

An example of using money as a store of value would be
Answer

lending your brother $25.00.

opening a checking account.

opening a savings account.

purchasing new jeans for $50.00.
2 points
Question 15

Most of the money in circulation is in
Answer

paper money.

checks.

savings.

coins.
2 points
Question 16

An example of the barter system would be when
Answer

you do the taxes for your dentist in return for him cleaning your teeth.

you pay cash for purchases instead of using a credit card.

you use a credit card for your purchases instead of paying cash.

you use a foreign currency instead of dollars to make your purchases.
2 points
Question 17

A city that wants to finance a new library would issue
Answer

junk bonds.

treasury bonds.

savings bonds.

municipal bonds.
2 points
Question 18

Tax exempt bonds issued by state and local governments are
Answer

mutual funds.

pension funds.

individual retirement accounts.

municipal bonds.

junk bonds.
2 points
Question 19

A long-term, tax-sheltered time deposit that an individual can set up to draw on in the future.
Answer

mutual fund

pension fund

individual retirement account

municipal bond

junk bond
2 points
Question 20

More money becomes available for economic growth when
Answer

people save.

interest rates are high.

there is high unemployment.

only non-bankk institutions are involved.
2 points

Question 22

All of the following are steps in making a successful budget EXCEPT
Answer

make list of all income.

keep records of all expenses.

charge what you can’t afford.

organize expenses into categories.
2 points
Question 23

It is important to keep accurate records of your bank account because
Answer

your banking record becomes an important part of your credit history.

it looks nice in your check register.

you will be tested over it later.

your bank requires it.
2 points
Question 24

Disadvantages of credit are
Answer

overspending.

finance charge.

both A & B.

neither A nor B.
2 points
Question 25

All of the following are types of bankruptcy EXCEPT
Answer

Chapter 2.

Chapter 7.

Chapter 9.

Chapter 11.
2 points
Question 26

Insurance can be defined as
Answer

part of credit.

transfer of risk of a potential loss.

a risky purchase.

transfer of loss.

John answers:

Yeah let me do all your work for you, I’ll get right on it.

Richard asks…

Do I write a paper or a paragraph or what?

After closely reading (highlighting, underlining, writing in the margins, etc.) this document document what the early Viriginia colony saw as potential trade items. Why did they choose to highlight certain things over others? If the indigenous people had written such a document what would THEY have considered “commodities”?

I dont know what she means, this is an online college class. what am I supposed to write? I haven’t been in school in years, I feel a little dumb having to ask. I know what to write, just not what format

John answers:

You should be able to email or message the instructor of guidance on the format of the assignment. Ask approximately how long (word count, or paragraphs, or pages of a certain spacing) the teacher expects the assignment to be.

She is probably expecting you to write a few sentences of introduction, a few paragraphs where each pertains to one or another of the main points you will address, and a few sentences of conclusion.

Last I was in college, the thing they liked was “the standard five paragraph essay” where the introduction introduced the topic, and briefly explained how the main points were connected. Then there are three supporting paragraphs, each going into a main point in more detail. Then there’s the conclusion, reiterating the main point and tying the information together, and sometimes introducing additional avenues for further thought, or asking a deeper question (such as the importance of the role of context and history in determining what people different people might perceive as commodity items). All paragraphs are connected by linking words.

This structure doesn’t help me write, and I hate it with passion, but it’s what teachers expect, and how the GRE is graded as well.

What did the early Virginia colony see as potential trade items anyway? I’d guess furs, until they got to planting, at which point wasn’t the focus industrial hemp?

George Washington’s agricultural notes indicate that some of the hemp he grew, he harvested at a time which made it unsuitable for industrial purposes, and only realistically suitable for psychoactive recreational ones.

Hadn’t the Indians in the area already been trading furs to the French for years at this point?

Mark asks…

Have any topic ideas for microeconomics?

I’m writing a paper for my economics class. We need to find three concepts (scarcity, economic trade off, ect…, for example), and we need to find these concepts on an online publication. Do you know where I can find such articles that will show a number of concepts that relate to microecon? Any help would be greatly appreciated!!!

John answers:

We help people with essays all the time, why dont you post on the Errant Academy facebook page and I will give you some great essay topics. Try facebookdotcom/pages/Errant-Academy/173003836156355

Lisa asks…

Any tips on how a 13 year old can earn money?

I don’t want to babysit (because I already do that at home everyday), Our neighborhood gets its lawn mowed by the community (We’re by the city’s golf course) and I don’t know if they shovel as well, so I might do that in the winter. We don’t have a paper route either and I don’t want to open a lemonade stand.

My neighborhood basically has a lot of retired elderly (As I said, there’s a golf course for them). I’m good at organizing (I like to organize stuff to alphabetical, sorting it in groups, etc), I can’t tutor since my school is 6-12 and I’m in 8th grade (going to). I know a lot about the computer and I’m currently learning computer programming so that might get me somewhere when I’m older. I already get the money from trading bottles and cans in at the bottle depot and my parents give me $20 a school week for my lunch money/chore pay which I save.

I also draw and I’m getting better. (I’m planning on doing commissions for people so I can earn money when I’m good at it). I also write a lot of stories (Maybe I can make a story book) My parents and I plan on me working at Tim Hortons when I turn 14, but until then, what jobs do you think I can do? I’d like it if it includes organizing something, painting/drawing/writing something or it includes me going on the computer (No Facebook, Twitter, online earning sites, etc please. I’m not into those type of sites)

John answers:

Just ask around the neighborhood for small jobs to do, you’re too young to be working a real job.

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