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5 Written questions

5 Matching questions

  1. Income
  2. Decision making, systematic
  3. Welfare
  4. Close-end Credit
  5. Stored-Value Card
  1. a Money earned from investments and employment.
  2. 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.
  3. c Aid in the form of money or necessities for those in need; often from a government program.
  4. 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.
  5. 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

  1. Desired results from one's efforts to achieve personal economic satisfaction.
  2. Physical objects—such as fine art, stamps, and antiques—that an investor buys in the hope that they will grow in value.
  3. A person who lends money at an exorbitant rate of interest.
  4. Earnings from corporate stock or credit union share accounts.
  5. 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

  1. LiquidityAn actual or potential financial obligation.

          

  2. Payday LoanA person who lends money at an exorbitant rate of interest.

          

  3. MedicareA program, financed by state and federal government tax revenues, to pay specified health care costs care for those who cannot afford them.

          

  4. Charitable GiftAid to those in need.

          

  5. EthicsStock ownership in a corporation.