5 Written questions
5 Matching questions
- Interest Income
- a A legal declaration of a person's wishes for the disposition of his or her estate after death.
- b Money that financial institutions, governments, or corporations pay for the use of investors' money.
- c A program, financed by state and federal government tax revenues, to pay specified health care costs care for those who cannot afford them.
- d A legal document that provides detailed information about mutual funds, stocks, bonds, and other investments offered for sale, as required by the Securities and Exchange Commission.
- e Earnings from corporate stock or credit union share accounts.
5 Multiple choice questions
- Stock ownership in a corporation.
- Replaces a portion of income lost when a person cannot work because of illness or injury.
- Desired results from one's efforts to achieve personal economic satisfaction.
- Short-term loans granted regardless of credit history, often for very short periods and at high interest rates. (See Pawnshops, Payday loans, Rent-to-own, and Title loans.)
- Money that a government provides to citizens for reasons other than current employment or the delivery of goods or services in exchange. Examples include Social Security, veteran's benefits, and welfare.
5 True/False questions
Credit Counseling Service → Protects from losses due to damage to the contents of a dwelling rather than the dwelling itself.
Wealth → A periodic fee for the use of property.
Rent-to-Own → A periodic fee for the use of property.
Entrepreneur → An individual who conceives of, establishes, operates, and assumes the risks of a business.
Long-Term Care Insurance → Covers specific costs of custodial care in a nursing facility or at home.