Personal Finance

What is the subfield of economics that applies psychological insights into human behavior to explain economic decision-making?

• Personal Finance

• Statistics

• Cognitive Bias

• Behavioral Finance

What is an error in thinking that leads to irrational decision making?

• Value

• Cognitive Bias

• Economy

• Producer

Who is a person, company, or country that makes, grows, or supplies goods or commodities for sale?

• Consumer

• Producer

• Value

• Statistics

Who is a person who purchases goods and services for personal use?

• Deliberate

• Fallacy

• Consumer

• Economy

What is the importance, worth, or usefulness of something?

• Transaction

• Cognitive Bias

• Producer

• Value

What is the practice or science of collecting and analyzing numerical data?

• Probability

• Currency

• Personal Finance

• Statistics

What are all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time?

• Fallacy

• Deliberate

• Transaction

• Personal Finance

What is a mistaken belief?

• Transaction

• Probability

• Currency

• Fallacy

What is the likelihood that a particular event will happen?

• GDP

• Inflation

• Probability

• Market

What is a business deal or action; exchange of money, goods, or services?

• Supply and Demand

• Currency

• Transaction

• Expansion