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