Bills, Bills, Bills!

What is a bill?

• A written statement of money that you owe for goods or services

• A formal declaration made by a legislator

• A bird's beak

• A request for payment of a debt

What is a bill according to the learning material?

• A request for payment of services not yet provided

• A written statement of money that you owe for goods or services

• A legal document for ownership transfer

• A monthly subscription notice

Which of the following is an example of a one-time bill mentioned in the learning material?

• Gas bill

• Medical bill

• Credit card bill

• Electric bill

Why did the price of phone bills increase drastically?

• Because of the introduction of unlimited data plans

• When companies started offering free phones

• When companies started rolling the price of the physical phone into the monthly service fee

• Due to the decrease in the number of phone users

How can you lower your phone bill?

• By extending the contract period

• By paying for the physical phone upfront

• By using the phone less frequently

• By switching to a more expensive plan

Which of the following is a way to lower your phone bill?

• Upgrading to a newer phone model

• Limiting data plans

• Increasing the number of phone lines

• Subscribing to additional services

What is a Car Insurance Bill?

• The amount you pay for car maintenance.

• The cost of purchasing a car.

• The amount you pay to protect yourself and your car in case of an accident.

• The bill for car registration.

What is the average cost of tuition per semester mentioned in the material?

• $5000

• $8000

• $10000

• $12000

When do you start paying back loans taken out for tuition, according to the material?

• Immediately after taking the loan

• 6 months after you finish school

• After getting your first job

• 1 year after graduation

What is Room & Board typically referred to as?

• The cost of textbooks and supplies

• The price you pay for living in a dorm and eating on campus

• The tuition fees for attending classes

• The transportation costs for commuting students