One of the benefits of renting a home is that the cost of maintenance is —

Econ semester review

Quiz
•
Social Studies, Other
•
8th - 12th Grade
•
Medium
RYAN HOWARD
Used 8+ times
FREE Resource
50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
refunded with the deposit
cheaper in a rental property
covered by renters insurance
the responsibility of the landlord
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An important financial detail to consider when purchasing a home includes —
family size
number of rooms
time for commuting
saving for a down payment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following actions would improve a credit score?
Paying off all debts
Consolidating credit card balances
Checking credit reports on a regular basis
Keeping credit card balances as high as possible
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the advantages corporations have that sole proprietorships do not is —
limited liability
ease of start up
rights to all profits
lack of special taxes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One effect of an increase in the amount of savings in an economy is —
an increase in consumer spending
a decrease in retirement investments
a decrease in the production of goods and services
an increase in financial resources for business investment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One potential risk from investing in the stock market is the loss of —
investor tolerance
purchasing power
earned interest income
portfolio diversification
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one advantage to placing savings in a high-risk investment as oppose to putting savings in a low-risk investment?
The tax rate on high-risk investments is lower.
The amount of money needed to invest is lower.
The money is more secure in a high-risk investment.
The potential rate of return on investment is higher.
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