Personal Finance
Flashcard
•
Other
•
9th - 12th Grade
•
Hard
Wayground Content
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25 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Generic products are usually more expensive than brand name products.
Back
False
2.
FLASHCARD QUESTION
Front
Comparison shopping helps consumers make informed decisions.
Back
True
3.
FLASHCARD QUESTION
Front
Disposable income is income that people spend on things they don’t really need.
Back
True
4.
FLASHCARD QUESTION
Front
Durable goods are defined as goods that last more than 10 years.
Back
True
5.
FLASHCARD QUESTION
Front
People diversify their investments by investing in several different kinds of investments.
Back
True
6.
FLASHCARD QUESTION
Front
Why do some consumers prefer generic products over brand-name products?
Back
They are less expensive
7.
FLASHCARD QUESTION
Front
According to the graph, which of the following expenses would be included in the highest consumer spending category? Options: Movie tickets, A new jacket, Gas for your car, Apartment rent
Back
Apartment rent
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