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Consumer Economics Final Exam
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Consumer Economics Final Exam
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25 Questions

1. Which Statement Is True About Liquidity?

2. Your Monthly Budget Should Include

3. When It Comes To Mentoring - You Should Not

4. When Shopping For The Best Education Option - You Should Narrow Down Your Choice Of Colleges To

5. As You Acquire More Education And Work Experience - Your Income And Choice Of Jobs Should _________As Well.

6. Teens Are A Huge __________Of Credit Card Companies Today.

7. Which Of The Following Is Not A Factor In Determining A Fico Score?

8. Which Is Not A ʺpower Over Purchaseʺ Tactic?

9. The Internal Revenue Service (Irs) Is The Federal Government Agency Responsible For

10. It Is Not Okay To _________ To Get A Bargain.

11. Which Of The Following Is A Sign That Your Identity May Have Been Stolen?

12. When Youʹre In High School - You Wonʹt Have The Same ___________ As Your Parents.

13. Individual Account Information Is Removed From Your Credit Report Seven Years After The Last Activity On The Account - Except For Chapter 7 Bankruptcy - Which Stays On Your Credit Report For

14. You Should Start Investing As Soon As You Have Your___________ Funded.

15. When Considering Donating To Charity

16. To Ensure That Some Of Your Retirement Savings Will Not Be Subject To Income Tax Upon Withdrawal - You Would Contribute To

17. An _________________ Is An Account That Generates Interest Income On The Available Balance In The Account.

18. This Principle Suggests That A Certain Amount Of Money Today Has Different Buying Power Than The Same Amount Of Money In The Future. This Is Due To Both The Opportunity To Earn Interest On The Money And Because Inflation Will Drive Prices Up - Thereby Changing The ʺvalueʺ Of The Money.

19. It Is Easier To Manage Money When You Are ______

20. You Can Start Investing With A ___________Of Money.

21. Four Common Marketing Tactics Are

22. Most Of The Items At A Pawnshop Are Not Necessarily _______.

23. Is It Better To Give To Many Charities Or Just A Few?

24. During Your First Interview With A Company - You Should Not

25. Which Of The Following Statements Is False?

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