Economics

Economics

Grade 12

Multiple Choice

Why do need to search for a roommate?

• to avoid conflicts

• to reduce expenses

• to reduce rent

Chapter 4.3: Finding an Apartment

Pages 608-609

Objectives

• Determine the amount to be spent on rent

• Analyze the advantages and disadvantages of living with roommates

• Discuss the criteria for selecting a roommate

Open Ended

What should be the amount spent on renting an apartment?

What are the ways of maintaining your budget?

Multiple Choice

Spending a ___________proportion of your income on housing

may not leave you enough to meet your other expenses or to have the

money you want to enjoy life. ​

• average

• lower

• higher

Open Ended

What are the advantages and disadvantages of living with a roommate?

Multiple Choice

What fraction of your income should be spent on rent?

• one-fifth to one-sixth

• one--third to one -fourth

• one-fourth to one-third

Open Ended

What are the criteria for selecting a roommate?

Multiple Choice

Why should you have a roommate on whom you can count on?

• To share friendship

• To shares the chores

• To share the rent

• All of these

Open Ended

Write the main points in 60 seconds