Personal Finance

Personal Finance

Assessment

Flashcard

Business

12th Grade

Hard

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20 questions

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1.

FLASHCARD QUESTION

Front

What is the subfield of economics that applies psychological insights into human behavior to explain economic decision-making?

Back

Behavioral Finance

2.

FLASHCARD QUESTION

Front

What is an error in thinking that leads to irrational decision making?

Back

Cognitive Bias

3.

FLASHCARD QUESTION

Front

Who is a person, company, or country that makes, grows, or supplies goods or commodities for sale?

Back

Producer

4.

FLASHCARD QUESTION

Front

Who is a person who purchases goods and services for personal use?

Back

Consumer

5.

FLASHCARD QUESTION

Front

What is the importance, worth, or usefulness of something?

Back

Value

6.

FLASHCARD QUESTION

Front

What is the practice or science of collecting and analyzing numerical data?

Back

Statistics

7.

FLASHCARD QUESTION

Front

What are all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time?

Back

Personal Finance

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