5 Written questions
5 Matching questions
- Decision making, systematic
- Close-end Credit
- Stored-Value Card
- a Money earned from investments and employment.
- b A specific-purpose loan requiring repayment with interest and any other finance charges by a specific date. Examples include most mortgages or auto loans.
- c Aid in the form of money or necessities for those in need; often from a government program.
- d A method of selecting a course of action after gathering and evaluating information and considering the costs and benefits of various alternatives and consequences.
- e Prepaid plastic card that allows purchases up to a set limit, at which point the card is discarded or, if "rechargeable," replenished from an account.
5 Multiple choice questions
- Desired results from one's efforts to achieve personal economic satisfaction.
- Physical objects—such as fine art, stamps, and antiques—that an investor buys in the hope that they will grow in value.
- A person who lends money at an exorbitant rate of interest.
- Earnings from corporate stock or credit union share accounts.
- The value of possible alternatives that a person gives up when making one choice instead of another; also known as a trade-off.
5 True/False questions
Liquidity → An actual or potential financial obligation.
Payday Loan → A person who lends money at an exorbitant rate of interest.
Medicare → A program, financed by state and federal government tax revenues, to pay specified health care costs care for those who cannot afford them.
Charitable Gift → Aid to those in need.
Ethics → Stock ownership in a corporation.