GFL State Review #6

Front

What is a consequence of not having health insurance?

Back

You must pay all costs for health care and medical emergencies.

Front

You employer sends you a ______ form that tells you how much you've made and how much you've paid in taxes the last year.

Back

W-2

Front

When considering a job offer, you should only consider how much you're being paid before you accept the offer.

Back

False

Front

Which of the following answers lists 4 year colleges from generally the least expensive to most expensive?
In-state public university, out-of-state public university, private university
Out-of-state public university, private university, in-state public university
Private university, in-state public university, out-of-state public university
In-state public university, out-of-state public university, private university

Back

In-state public university, out-of-state public university, private university

Front

What is an agreement between two parties under which one party--usually an insurance company--guarantees the other that if an asset is lost or destroyed, the insurance company will pay for it?

Back

Insurance

Front

A type of investment that helps a company or government agency raise funds for a return greater than the money invested is called?

Back

Bond

Front

When borrowing money, like a loan, you pay back the amount with....

Back

Interest

Front

This is the financial term for when an item, like a car, loses its value due to normal wear and use.

Back

Depreciation

Front

A grant or payment made to support a student's education, awarded on the basis of academics or other achievements

Back

Scholarship

Front

Is it a good idea to only make the minimum payment each month if you pay your bill on time?

Back

No, it is not a good idea.