Chapter 5 Review

Quiz: _____ will often cause you to overspend or spend more than you've budgeted in a category.

• Card fraud

• Brand recognition

• Identity theft

• Impulse buying

You were a victim of _____ if someone used your debit or credit card without your permission.

• A) buyer's remorse

• B) digital payment

• C) consumerism

• D) card fraud

Your brain uses the ___ to process and manage stress responses.

• gut

• amygdala

• brain

• onomatopoeia

Identifying a specific product by its logo, jingle, or name is called . . .

• marketing

• consumerism

• brand recognition

• impulse buying

If you've ever bought something and then felt guilt or regret later, you've experienced . . .

• impulse buying

• identity theft

• consumerism

• buyer's remorse

_____ occurs when you use shopping to change or boost your mood.

• Opportunity cost

• Contentment

• Retail therapy

• Prefrontal cortex

_____ is all the ways the value of a product or service is communicated.

• Identity theft

• Marketing

• Brand recognition

• Impulse buying

_____ is when someone else uses your personal information to commit fraud.

• Opportunity cost

• Digital payment

• Mobile pay

• Identity theft

When you choose to spend your money now instead of invest it so it's worth more in the future, you've experienced . . .

• Impulse buying.

• The opportunity cost.

• Consumerism.

• Identity theft.

Since it's where most young adults spend their time, 50% of retailers spend at least half of their marketing money on:

• Billboards.

• Radio advertisements.

• TV commercials.

• Social media advertising.