Chapter 3 Your Purchasing Power

Soft skills can be learned through education and practice.

• True

• False

Communication is one of the most important hard skills in today’s workplace.

• True

• False

Honesty is an example of a value.

• True

• False

Informal education includes things such as self-training and classes you would take at a college.

• True

• False

In a market economy, the price for an item is set at a point that consumers are willing to pay and sellers are willing to accept.

• True

• False

During economic periods of recovery, people slow their buying and are unable to pay high prices.

• True

• False

Tuition is less at public schools than at private colleges because the quality of education is not as high.

• True

• False

Most government loans are unsubsidized.

• True

• False

Networking starts by developing a list of contacts.

• True

• False

A job scout is a computer program that searches the Internet to find job listings based on rules or options you set.

• True

• False