NAME: ________________________

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5 Written Questions

5 Multiple Choice Questions

  1. 1. the time frame in which you want to achieve you goals
    2. the financial need that drives you goals
  2. -forces of supply and demand and prices
    -study of how wealth is created and distributed
    -different institutions in the economy
    -federal reserve bank
  3. 1.S
    2. G
    3. I
    4. E
    5. A
    6. R
  4. -the global market place
    -competition among domestic and foreign firms
    -balance of exports and imports
    -foreign investments and their role in money supply
    -level of money supply and its effects on interest
  5. -review and revise you plan;
    1. make to sure asses regularly at least once a year

4 True/False Questions

  1. What is step 2 of the financial planning process?-create and implement you action plan
    1. make sure you action plan will achieve your goals

          

  2. What are some economic condition to consider in financial planning?-forces of supply and demand and prices
    -study of how wealth is created and distributed
    -different institutions in the economy
    -federal reserve bank

          

  3. What is step 1 of the financial planning process?-determine current financial situation regarding
    1. income savings, living expenses, and debts
    2. prepare list of current assets and debt balances
    3. match financial goals to current income and planning potential

          

  4. What is step 3 of the financial planning process?-create and implement you action plan
    1. make sure you action plan will achieve your goals

          

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