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5 Written questions

5 Matching questions

  1. variable cost
  2. principal
  3. trade-off
  4. save
  5. Disposable income
  1. a an exchange that occurs as a compromise
  2. b a cost that rises or falls depending on how much is produced and how high.low hte demand is
  3. c income (after taxes) that is available to you for saving or spending
  4. d to put money aside for future puposes
  5. e the major party to a financial transaction at a stock exchange

5 Multiple choice questions

  1. a smaller scale of a economic system, used to see if the new economy will work
  2. A plan involving how to spend/save/and increase your money
  3. a periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.)
  4. 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. Buying things because you emotion that you cannot control

5 True/False questions

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


  2. economicsthe branch of economics that studies the economy of consumers or households or individual firms


  3. dividenda number to be divided by another number divide 72 by the interest rate


  4. wantsSomething that is greatly need and one/something could not go on with out what is needed


  5. savings accounta account to put your money for savings