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5 Written questions

5 Multiple choice questions

  1. 1. consumer prices
    2. consumer spending
    3. interest reast
  2. -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
  3. -create and implement you action plan
    1. make sure you action plan will achieve your goals
  4. 1.S
    2. G
    3. I
    4. E
    5. A
    6. R
  5. -evaluate your alternatives
    1. know that your choice will always have consequences: opportunity cost and trade off
    2. there is always uncertainty in all choice; make sure to gather info from the correct source

4 True/False questions

  1. What are the types of time goals?S Specific
    M Measurable
    A Attainable
    R Realistic
    T Time-bound

          

  2. What is step 1 of the financial planning process?-evaluate your alternatives
    1. know that your choice will always have consequences: opportunity cost and trade off
    2. there is always uncertainty in all choice; make sure to gather info from the correct source

          

  3. What are some goals for different financial needs?1. consumer product goals (used up relatively quick)?
    2. durable produce goals (infrequently used)
    3. intangible goals ( health, edu, personal liesure)

          

  4. What is step 6 of the financial planning process?-review and revise you plan;
    1. make to sure asses regularly at least once a year