17
QuizMultiple Choice

Financial Literacy — Test

Question 17 • Economics

Which step in the decision-making process should Simon now take? Simon bought a computer and made monthly payments. By the end of the month, Simon had no money left for groceries.

Answer
A
Making a decision.
B
Gathering information.
C
Taking action.
D
Evaluating results.

Explanation

Simon has already made a decision and taken action by buying the computer and making payments. Now he should evaluate the results: his payments left him without money for groceries, so he can consider what went wrong and make a better plan for future spending. The correct choice is “Evaluating results.”

AI-written and checked against the verified answer.

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