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Home budget, bad business

Home budget, bad business

Assessment

Interactive Video

Business

11th Grade - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The USDA's Consumer Council warns that families' budgets are being systematically reduced due to short measures in products. Although it's difficult to quantify the exact impact on each family, the overall financial loss is estimated to be in the hundreds of millions of dollars annually.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who issued the warning about the budget being pilfered?

Department of Commerce

Federal Reserve

US Department of Agriculture's Consumer Council

Environmental Protection Agency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization is associated with DE Montgomery?

Department of Health and Human Services

US Department of Agriculture

Consumer Financial Protection Bureau

Federal Trade Commission

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main challenge in understanding the financial impact on families?

Complex tax regulations

Lack of data

Difficulty in estimating the exact loss

Inaccurate reporting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is being 'chopped off' that affects family budgets?

Pounds and kilograms

Meters and yards

Liters and gallons

Ounces and inches

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated total loss due to short measures each year?

A few hundred dollars

Tens of thousands of dollars

Hundreds of millions of dollars

Billions of dollars

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