Personal Finance

Personal Finance

Assessment

Flashcard

Social Studies

12th Grade

Hard

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14 questions

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1.

FLASHCARD QUESTION

Front

Name two benefits the Kia Rio has over the Ford Mustang.

Back

Fewer Miles and Lower Price

2.

FLASHCARD QUESTION

Front

The end of the year is here. The Media Center is charging fines to students who have not returned books. This is an example of which of the following? Options: Positive Incentive, Negative Incentive, Positive Expectations, Scarcity

Back

Negative Incentive

3.

FLASHCARD QUESTION

Front

What is Coach Queen's offer to make his classes BBQ if the class average on a test was an 80 an example of?

Back

Positive Incentive

4.

FLASHCARD QUESTION

Front

In order to best control spending you should keep track of monthly expenses by preparing a.....? Options: Budget, Deficit, Debt Plan, Roth IRA

Back

Budget

5.

FLASHCARD QUESTION

Front

What is the relationship between risk and return when it comes to investments?

Back

Lower Risk = Lower Reward

6.

FLASHCARD QUESTION

Front

What is a benefit of investing in Mutual Funds?

Back

diversification of investment

7.

FLASHCARD QUESTION

Front

Consumers will borrow more money from banks and credit unions when interest rates increase. True or False?

Back

False

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