Before you can comparison shop, you must Unit 2 Before you can comparison shop, you must a. make a rational choice. b. gather information about the product. c. decide how to use your purchase. d. read all contracts and warranties.

Before you can comparison shop, you must Unit 2 Before you can comparison shop, you must a. make a rational choice. b. gather information about the product. c. decide how to use your purchase. d. read all contracts and warranties.

earning power and ability to consume. ability to comparison shop. Unit 2 Education, occupation, experience, and health all make a difference in a person’s earning power and ability to consume. ability to comparison shop. c. exposure to advertising. d. rational choice.

earning power and ability to consume. ability to comparison shop. Unit 2 Education, occupation, experience, and health all make a difference in a person’s earning power and ability to consume. ability to comparison shop. c. exposure to advertising. d. rational choice.

discretionary advertising deceptive advertising Unit 2 Which type of advertising would be most helpful for a consumer who needs to decide if a particular digital camera is right for her? discretionary advertising deceptive advertising competitive advertising d. informative advertising

discretionary advertising deceptive advertising Unit 2 Which type of advertising would be most helpful for a consumer who needs to decide if a particular digital camera is right for her? discretionary advertising deceptive advertising competitive advertising d. informative advertising

a. Merchant J c. Merchant L b. Merchant K d. Merchant M Unit 2 18. Sort by:Price Shipping State Sort by:Avail. Merchant J $312.00 24.95 NY YES Merchant K $314.00 19.95 NY YES Merchant L $316.00 19.37 NY YES Merchant M $318.00 FREE FED EX NJ YES Brand New Fast Service SHIPPING The illustration shows an online price comparison for a particular digital camera. Which merchant offers the camera at the lowest total price? a. Merchant J c. Merchant L b. Merchant K d. Merchant M

a. Merchant J c. Merchant L b. Merchant K d. Merchant M Unit 2 18. Sort by:Price Shipping State Sort by:Avail. Merchant J $312.00 24.95 NY YES Merchant K $314.00 19.95 NY YES Merchant L $316.00 19.37 NY YES Merchant M $318.00 FREE FED EX NJ YES Brand New Fast Service SHIPPING The illustration shows an online price comparison for a particular digital camera. Which merchant offers the camera at the lowest total price? a. Merchant J c. Merchant L b. Merchant K d. Merchant M

Unit 2 A financial institution that is owned and operated by members to provide savings accounts and low-interest loans is a savings and loan. credit union. commercial bank. d. savings bank.

Unit 2 A financial institution that is owned and operated by members to provide savings accounts and low-interest loans is a savings and loan. credit union. commercial bank. d. savings bank.

Unit 2 Even when a person declares personal bankruptcy, he or she must continue to pay all creditors. credit card bills. taxes. d. ongoing court costs.

Unit 2 Even when a person declares personal bankruptcy, he or she must continue to pay all creditors. credit card bills. taxes. d. ongoing court costs.

a. finance charges c. character b. cash available d. credit rating Unit 2 What is the main factor lenders consider in determining a person’s creditworthiness? a. finance charges c. character b. cash available d. credit rating

a. finance charges c. character b. cash available d. credit rating Unit 2 What is the main factor lenders consider in determining a person’s creditworthiness? a. finance charges c. character b. cash available d. credit rating

Unit 2 32. *Greater mobility *Feeling of freedom to choose another place if dissatisfied *Pay only a small security deposit *No direct maintenance costs *More money for other purchases All of the items in the list are a. home ownership advantages. c. renting advantages. b. home ownership disadvantages. d. renting disadvantages.

Unit 2 32. *Greater mobility *Feeling of freedom to choose another place if dissatisfied *Pay only a small security deposit *No direct maintenance costs *More money for other purchases All of the items in the list are a. home ownership advantages. c. renting advantages. b. home ownership disadvantages. d. renting disadvantages.

a. large supermarkets. c. discount stores. Unit 2 People who are able to use or store large quantities of bulk food items can save money by shopping at a. large supermarkets. c. discount stores. b. convenience stores. d. warehouse stores.

a. large supermarkets. c. discount stores. Unit 2 People who are able to use or store large quantities of bulk food items can save money by shopping at a. large supermarkets. c. discount stores. b. convenience stores. d. warehouse stores.

a. homeowner’s insurance. c. taxes. Unit 2 Closing costs on a home include such items as the title search, legal costs, loan application, credit report, house inspection, and a. homeowner’s insurance. c. taxes. b. mortgage payment. d. security deposit.

a. homeowner’s insurance. c. taxes. Unit 2 Closing costs on a home include such items as the title search, legal costs, loan application, credit report, house inspection, and a. homeowner’s insurance. c. taxes. b. mortgage payment. d. security deposit.

Comparison shopping for food involves a trade-off between Unit 2 Comparison shopping for food involves a trade-off between a. time and money. c. time and effort. b. quality and quantity. d. variety and price.

Comparison shopping for food involves a trade-off between Unit 2 Comparison shopping for food involves a trade-off between a. time and money. c. time and effort. b. quality and quantity. d. variety and price.

Unit 2 According to the graph, in what period did the S&P 500 stocks make their greatest gains? 1985-1990 1990-1995 1995-2000 d. after 2000

Unit 2 According to the graph, in what period did the S&P 500 stocks make their greatest gains? 1985-1990 1990-1995 1995-2000 d. after 2000

Savings bonds sell for less than their face value because Unit 2 Savings bonds sell for less than their face value because banks compete to sell them. this is how they pay interest they pay dividends twice a year. d. interest is tax-exempt.

Savings bonds sell for less than their face value because Unit 2 Savings bonds sell for less than their face value because banks compete to sell them. this is how they pay interest they pay dividends twice a year. d. interest is tax-exempt.

Unit 2 a. the amount they originally paid ...75 years ago, ...three salesmen created the first mutual fund and opened up what was once an exclusive province of the affluent to just about everyone. When the Massachusetts Investors Trust made its debut in March 1924, it had $50,000 in assets and owned 45 stocks.... By pooling investments, the fund made shares in American companies accessible to a broader market... (the) true innovation was allowing investors to redeem shares upon request, at market value of the underlying stocks. Source: U.S. News & World Report, April 5, 1999 ____ 56. According to the passage, when investors in the first mutual fund decided to sell their shares, how much money did they receive? a. the amount they originally paid b. the amount they originally paid, plus interest c. the amount other investors were paying for the same stocks in the fund d. the amount another investor agreed to pay them for their shares

Unit 2 a. the amount they originally paid ...75 years ago, ...three salesmen created the first mutual fund and opened up what was once an exclusive province of the affluent to just about everyone. When the Massachusetts Investors Trust made its debut in March 1924, it had $50,000 in assets and owned 45 stocks.... By pooling investments, the fund made shares in American companies accessible to a broader market... (the) true innovation was allowing investors to redeem shares upon request, at market value of the underlying stocks. Source: U.S. News & World Report, April 5, 1999 ____ 56. According to the passage, when investors in the first mutual fund decided to sell their shares, how much money did they receive? a. the amount they originally paid b. the amount they originally paid, plus interest c. the amount other investors were paying for the same stocks in the fund d. the amount another investor agreed to pay them for their shares

b. profit per share. d. capital gains. Unit 2 A person who buys a stock for $20 and sells it for $30 has earned $10 in a. interest. c. dividends. b. profit per share. d. capital gains.

b. profit per share. d. capital gains. Unit 2 A person who buys a stock for $20 and sells it for $30 has earned $10 in a. interest. c. dividends. b. profit per share. d. capital gains.

This passage suggests that the low savings rate is partially due to Unit 2 The U.S. personal saving rate (PSR) fell into negative territory during the third quarter of 2005 and has remained close to zero since then.... Simply put, a negative PSR implies that U.S. households are spending more income than they have to spend. Why? Households may expect that their incomes will increase in the long-run. They also have access to ... credit cards, home equity loans, and subprime mortgages that allow expected future wealth to be transformed into current purchasing power. Other possible reasons for the recent “consumption boom” include low inflation, low long-term interest rates, and the perception that programs such as Social Security will provide financial support in later years. Source: U.S. Bureau of Economic Analysis, 2007 This passage suggests that the low savings rate is partially due to a booming economy. access to credit, like credit cards and home equity loans. high homeownership d. high incomes.

This passage suggests that the low savings rate is partially due to Unit 2 The U.S. personal saving rate (PSR) fell into negative territory during the third quarter of 2005 and has remained close to zero since then.... Simply put, a negative PSR implies that U.S. households are spending more income than they have to spend. Why? Households may expect that their incomes will increase in the long-run. They also have access to ... credit cards, home equity loans, and subprime mortgages that allow expected future wealth to be transformed into current purchasing power. Other possible reasons for the recent “consumption boom” include low inflation, low long-term interest rates, and the perception that programs such as Social Security will provide financial support in later years. Source: U.S. Bureau of Economic Analysis, 2007 This passage suggests that the low savings rate is partially due to a booming economy. access to credit, like credit cards and home equity loans. high homeownership d. high incomes.