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Financial Literacy — Test Answers

25 verified answers
21
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Which interest could best help someone become an athletic trainer?

A
wanting to manage workers
B
understanding sports injuries
C
enjoying working with food
D
enjoying working with aircraft
22
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Which statement best defines tuition?

A
Tuition is money borrowed to pay for an education.
B
Tuition is the price of attending classes at a school.
C
Tuition is aid given to a student by an institution.
D
Tuition is federal money awarded to a student.
23

What effect would a tax increase have on income?

A
It would reduce gross income.
B
It would not affect gross income.
C
It would increase net income.
D
It would not affect net income.
24

Which activity is done in Step 2 of comparison shopping?

A
Buy a product.
B
Compare prices and features.
C
Assess the purchase objectively.
D
Research a product.

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Financial Literacy — Test Answers — Economics