EPF Final Review

EPF Final Review

10th Grade

•

33 Qs

quiz-placeholder

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EPF Final Review

EPF Final Review

Assessment

Quiz

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Social Studies

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10th Grade

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Practice Problem

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Medium

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33 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which insurance will pay for your guitar if it is stolen from your rented apartment?

homeowner's

liability

renter's

comprehensive

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is FALSE about most ATM cards?

You need a bank account to use an ATM card.

You can get cash at many places around the world, for a fee

Your account balance typically is not visible

You can typically use your card 24 hours per day

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of the Federal Reserve?

keep the banking system safe and stable

promote payday lending as a banking alternative

protect US banks from foreign competition

balance the government budget

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT an example of an unfair trade practice?

bid rigging

intense advertising

price fixing

market division

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it a bad idea to only pay the minimum due on your credit card?

you will reduce your balance too quickly

you will pay more for all of your credit purchases

your credit score will fall dramatically

you will lose reward points

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Based on the Rule of 72, how long will it take $15,000 to double at 12 percent interest?

10 years

8 years

6 years

4 years

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of insurance?

enhance asset value

prevent all losses

build wealth

protect against risk

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