Personal Finance and Economics-Pre

Personal Finance skills include....

• Managing Budgets

• Building Credit

• Understanding Tax Forms

• All of the above

The study of (a)   is how individuals, businesses, and governments make decisions about the allocation of scarce resources.

There are ___ standards for the Personal Finance and Economics course.

• 73

• 25

• 22

• 5

There are ___sections in the Personal Finance and Economics course.

• 22

• 5

• 3

• 73

The Personal Finance and Education course provides students with a foundation in ______ with a focus on how students can apply that knowledge to their own_____.

• Personal Finances/

  Economics

• Economics/Personal Finances

• Economics/

  Economics

• Personal Finances/

  Personal Finances

Macroeconomics is a section in the study of Personal Finance/Economics where which subjects are included.

• Inflation

• Unemployment

• International Trade

• All of the above

• A and B only

Microeconomics includes the study of which of the following.

• Demand/Supply

• Market Structures

• Types of Businesses

• All of the above

• A and B only

International includes the study of which of the following

• Exchange Rates

• Exports and Imports

• Trade barriers

• All of the above

The foundational concept in Economics is ___________.

• Personal Finance

• Economics

• Scarcity

• All of the above

The Federal Reserve System is a concept studied in which section of the course.

• Microeconomics

• Personal Finance

• Macroeconomics

• Fundamentals of Economic Decision-Making