Personal Finance Part 2

A federal tax return form designed to file income tax returns is called

• Form 1040

• Form W-2

• Form W-4

A cost of living adjustment (COLA) is given to employees in order to increase their buying power.

• True

• False

When gasoline prices fall and jump back up again, this is an example of

• disinflation

• hyperinflation

• deflation

• reflation

A 24 quantity pack of Product Z sells for $5.28. What is the unit price? No dollar signs in answer.

(a)  

The stage of the business cycle at which the economyis as robust (good) as it can get is called the peak.

• True

• False

Door to Door Sales are a from of indirect advertising used to grab consumers' attention.

• True

• False

A percentage of a sale paid to the salesperson is called a

• tip

• salary

• wage

• commission

The quantity of goods and services that producers are will and able to provide is called

• supply

• demand

• scarcity

• the economy

Billboards and signs are examples of targted advertising.

• True

• False

Retail websites ...

• typically provide full descriptions of products, including pictures

• allow buyers to shop online during limited, set hours

• may use cookies to track the WEB pages that a user visits

• both a and c