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

Back

Negative Incentive

3.

FLASHCARD QUESTION

Front

Coach Queen offered to make his classes BBQ if the class average on a test was an 80. What is this 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.....?

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

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

Back

False

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