Financial Literacy Answers
8 verified answers1 views
1
Free Preview
To be a wise financial planner, it is most important to know
A
how much college costs.B
what assets are available.C
the cost of luxury items.D
what interest rates are.2
Free Preview
Why do companies sell stock?
A
to raise moneyB
to help consumersC
to help the governmentD
to fund retirements3
The graph shows the average cost of college in 2022.
A
two-year publicB
four-year privateC
four-year public (in-state)D
four-year public (out-of-state)4
The circled dates on the calendar show when a worker receives their paychecks.
A
apply for a credit card.B
apply for a job that pays well.C
know income and paydays.D
know how much to spend.5
Balancing a budget means making sure that
A
income covers expenses.B
expenses are more than income.C
discretionary expenses are ignored.D
no income is saved.6
The graph shows the average cost of college in 2022.
A
Education is more expensive in the US than in other countries.B
Education requires a significant financial investment.C
The costs do not justify getting an education.D
The cost of education is likely to decrease in the future.7
A consumer most likely needs to take out a loan when buying a new
A
toaster.B
television.C
home.D
telephone.8
Which of these entities sells bonds?
A
teachers and schoolsB
social media and e-commerce sitesC
stores and restaurantsD
companies and governments9
How can banks help consumers manage money?
A
by paying the consumers’ bills when they are dueB
by keeping money safe in the bank’s accountsC
by requiring that consumers stick to their budgetsD
by providing consumers with sample budgets10
debtscredit scoremoneybudget
A
debtsB
credit scoreC
moneyD
budgetDid you find these answers helpful?
Verified answers available
TRY EDGENUITY HACKS
- Auto Complete Exams
- Auto Complete Assignments
- Skip Videos Instantly
50,000+ students using this