Ramsey Chapter 5

Ramsey Chapter 5

9th - 12th Grade

14 Qs

quiz-placeholder

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Ramsey Chapter 5

Ramsey Chapter 5

Assessment

Quiz

Life Skills

9th - 12th Grade

Practice Problem

Easy

Created by

Kelly odell

Used 41+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the part of your brain that helps regulate your stress responses

Amygdala

Prefrontal Cortex

Buyers Remorse

Contentment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the financial opportunity that is lost when you choose to do something else with your money

Opportunity Cost

Extended Warranty

Manufacturer's Warranty

Consumerism

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the public’s ability to recall and recognize a brand by its logo, jingle, packaging, or name

Brand Recognition

Marketing

Consumerism

Contentment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the shopping people do to lift their mood when they’re discontent

Retail Therapy

Contentment

Buyers Remorse

Impulse Buying

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the theory that spending money and consuming goods is good for the economy

Consumerism

Brand Recognition

Marketing

Opportunity Cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a promise from the manufacturer that a product will be replaced or repaired if it’s faulty

Manufacturer's Warranty

Extended Warranty

Opportunity Cost

Consumerism

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the unauthorized use of your debit or credit card number and PIN or the forging of your signature

Card Fraud

Identity Theft

Buyer's Remorse

Retail Therapy

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