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5 Written Questions

5 Matching Questions

  1. impulse buying
  2. annual percentage rate (APR)
  3. credit
  4. deposit
  5. total cost
  1. a Buying things because you emotion that you cannot control
  2. b the act of putting something somewhere
  3. c when you divide 27 by your interest rate to see how long it will take you to pay back your dept.
  4. d fixed costs plus variable costs
  5. e ..., an accounting entry acknowledging income or capital items

5 Multiple Choice Questions

  1. A plan involving how to spend/save/and increase your money
  2. a periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.)
  3. Demand slopes downward, which reduces the amount people are willing to pay for it
  4. to give away some of your money to support something and in return you get money back
  5. the amount of money you gain or owe over time

5 True/False Questions

  1. economicsthe branch of social science that deals with the production and distribution and consumption of goods and services, their management and money

          

  2. withdrawala written assurance that some product or service will be provided or will meet certain specifications and if it does not you will be given a replacement or have your money returned

          

  3. checking accounta account to put your money for savings

          

  4. stocksomething you can invest in to gain money

          

  5. incometo give away some of your money to support something and in return you get money back

          

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