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5 Written questions

5 Matching questions

  1. income
  2. collateral
  3. identity theft
  4. cost-benefit analysis
  5. certificate of deposit
  1. a economic model that compares the marginal costs and marginal benefits of a decision
  2. b the financial gain (earned or unearned) accruing over a given period of time
  3. c a debt instrument issued by a bank
  4. d a security pledged for the repayment of a loan
  5. e the co-option of another person's personal information (e.g., name, social security number, credit card number, passport) without that person's knowledge and the fraudulent use of such knowledge

5 Multiple choice questions

  1. the system of production and distribution and consumption
  2. something that is not needed but longed for
  3. the branch of economics that studies the overall working of a national economy
  4. A rating of all three credit score to see how much of a loan or grant you may receive
  5. income (after taxes) that is available to you for saving or spending

5 True/False questions

  1. investthe amount of money you gain or owe over time


  2. microeconomicsthe branch of economics that studies the overall working of a national economy


  3. Consumerismthe theory that an increasing consumption of goods is economically beneficial (sellng more than buying)


  4. savings accountthe increase or decrease in costs as a result of one more or one less unit of output


  5. bankruptcyfiling saying you cannot afford to to any of your dept. or bills


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