PF2 Review

Front

Protecting an individual's life, car, and home can be done with —

Back

insurance

Front

Which of these should replace the question mark in the chart? Options: Premiums, Dividends, Transaction Fees, Investment Management Fees

Back

Premiums

Front

Which reason BEST explains the difference in salary among these professions?

Back

Education requirements limit the supply of available employees.

Front

How can a person increase his chances of finding a job in the workforce? Options: develop marketable skills, accumulate personal debt, demand high wages, leave school early

Back

develop marketable skills

Front

Which of the following is an example of a financial goal? graduating from college, buying a new car, living in a small town, lending a friend money

Back

graduating from college

Front

Which phrase BEST explains the difference in salaries between these occupations? Options: the average laborer’s years of experience, the required level of education, the physical demands of the work performed, the risks to laborers at the workplace

Back

the required level of education

Front

Arin has a high credit score and a long history of paying her debts on time. Which of these is MOST likely true about Arin?

Back

She makes responsible spending decisions.

Front

What is one positive aspect of making payments with a debit card?

Back

no increase in debt

Front

How is a credit report important to a person’s finances?

Back

It affects how much it costs to borrow money.

Front

Which person would MOST likely receive the lowest interest rate when applying for a loan? Options: Anita, Ben, Carl, Debra

Back

Carl