econ per finance test review

Front

A high school student is trying to decide whether to go to college, join the military, or get a job after high school. Which tool would be MOST helpful in this situation? Options: A production possibilities curve, A supply and demand graph, A personal budget, A rational decision-making model

Back

A rational decision-making model

Front

Back

Buying a home with a fixed-rate mortgage

Front

Property tax is typically placed on the land where a person lives or owns.

Back

the land where a person lives or owns.

Front

Using the information in the chart, what rational decision will Mackenzie make?

Back

the military

Front

Arriving to work on time and completing projects by due dates is most associated with which positive workplace skill(s)?

Back

time management

Front

Which type of income is a fixed regular payment paid to an employee expressed in a yearly total?

Back

salary

Front

Brian received 10% pay raise from last year.  Because of this raise, he will pay a higher portion of his income in taxes.  Which type of tax is described?

Back

progressive

Front

Which type of payment method for college requires you to make payments upon finishing?

Back

loans

Front

Which of the following would be an example of a variable expense in a typical personal budget? groceries, total income, car payment, health insurance

Back

groceries

Front

According to the graph, which of the educational attainments listed below leads to the highest median earnings?
masters degree,
bachelors degree,
associates degree,
high school diploma

Back

masters degree