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The average cost of basic necessities, such as housing and food, for a particular city is called the:

• standard of living

• lifestyle

• cost of living

The regular schedule that employers use to pay their employees is called the

• worker’s compensation

• pay period

• employee benefits

The most secure method for an employer to pay employees is to use

• direct deposit

• a payroll card

• a printed paycheck

Which sentence is the best choice to describe the importance of investing in yourself

• Completing your college degree is the best way to prepare for a career.

• Education pays in higher earnings and lower unemployment rates.

Changing her major and/or her college could result in:

• a well-rounded college degree

• losing credits for classes she has already taken.

Educational loan payments require no more than 10–15% of one's estimated starting income refers to

• Opportunity cost

• Career pathway

• Debt-to-income ratio

Gym memberships, flexible hours, repayment of education loans, merchandise discounts, and childcare are examples of

• employee benefits

• job perks

• work incentives

The money one would have earned if she/he had worked instead of continuing her/his education is called the:

• debt-to-income ratio

• opportunity cost

One’s lifestyle is to their standard of living as present is to:

• Past

• Present

• Future

Career assessments help to identify:

• fastest and slowest growing careers in a particular occupation.

• possible career areas related to one’s interests.