Careers, Salaries, and Lifetime Income Answers

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Logan has several job offers in different cities. What should he research to determine how much money he will have to spend as he wishes?

A
cost of living in each location
B
schedule he will be required to work
C
number of libraries, parks, museums, and sporting event locations in each city
D
distance each city is from his family and friends
2
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Brenden wants to set aside money for times when he may be without work due to illness or layoffs. Which method would be best?

A
college savings account for his daughters
B
checking account
C
personal savings account
D
home equity line of credit
3

Enjoli enjoys science and foreign language classes. She enjoys working with people and volunteers regularly at a local shelter and library. She does not like flying.Which career best matches the factors that influence Enjoli's career decision, such as her interests, values, and personal preferences?

A
doctor in a clinic that serves a low-income population
B
doctor partnering with insurance companies to determine covered procedures
C
doctor in a research facility for a large drug company
D
doctor for a professional sports team
4

Which statement is an example of post-secondary education?

A
core classes such as math and English that one takes in high school
B
vocational classes such as marketing or computer-aided design that one may take in high school
C
a class in a specific computer application or language that one may take to advance in a career
D
a dance class that one takes after retiring for enrichment and enjoyment
5

Jerome likes to take stuff apart and then rebuild it. He is also good at math but is rather shy. Which career choices might he enjoy? Check all that apply.

A
Engineer: design, plan, or manage a system such as machines, computers, or roads.
B
Computer support specialist: work with people to service, upgrade, or design computer systems to fit their needs.
C
Aircraft inspector: inspect, plan, and oversee repairs on aircraft; may also need to design parts as repair methods that meet standards.
D
Car salesman: sell cars to the police.
E
Factory reproduction manager: check that products meet specifications.
F
Event planner: works with people to plan parties, weddings, fundraisers, or corporate events.
6

Caitlin has finished her schooling and training to be a dental hygienist. She has two job offers that she is considering. Caitlin’s Job Offer Comparison Job 1: Albuquerque, NMJob 2: Ann-Arbor, MISalary$54,000$61,000Benefits$2,500 bonuses,health insurance,401KHealth insurance,401KAverage Monthly Rent & Utilities$925$1,300Which job would offer the best annual income considering the cost of living in each locale?

A
Job 2 is a better choice because the annual income after rent and utilities is $59,700 but that of job 1 is $55,575.
B
Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900.
C
Job 1 is a better choice because it costs $4,500 less per year to live there.
D
The jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale.
7

Which type of training would be considered vocational training?

A
training to prepare for a career
B
training to improve one’s health
C
training to learn a new hobby
D
training to improve relationships
8

Cameron is choosing a career out of high school with no further training. The median salary for this career is $30,000. His friend Mateo is choosing a career that requires a college degree but has a median salary of $55,000. Over 20 years, what will be the difference between their incomes?

A
$25,000
B
$85,000
C
$500,000
D
$1,700,000
9

Which factor would be a valid influence on a career choice in the United States?

A
gender
B
race
C
birthplace
D
interests
10

Amy is analyzing a job offer. Amy’s Salary AnalysisAnnual SalaryBenefitsAverage Monthly RentAverage Monthly Utility Costs$48,500401K matched up to $2,500/year,$5,000 in bonuses$1,100$200How much income with benefits can she expect?

A
$43,500
B
$48,500
C
$53,500
D
$56,000

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