AnswersSpanish I - WL9603 BProfessions Part 3

Professions Part 4 Answers

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1
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What is the average GDP per capita in Nicaragua?

A
~$3,000
B
~$7,700
C
~$11,000
D
~$18,000
2
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Which is Nicaragua's national instrument?

A
piano
B
marimba
C
maracas
D
mambo
3

Yamuna is interested in investing money but wants to make sure that most of it will be available soon so she can buy a car. What is the best low-risk investment choice for her?

A
certificate of deposit
B
mutual fund
C
education account
D
stocks
4

In what order should the following investment choices be placed, from least risk to highest risk?

A
short-term bonds, savings accounts, stocks, mutual funds
B
stocks, mutual funds, short-term bonds, savings accounts
C
savings accounts, short-term bonds, mutual funds, stocks
D
mutual funds, stocks, savings accounts, short-term bonds
5

What is a rainy day fund?

A
money set aside for emergencies
B
money left over after paying taxes
C
money earned by charging interest
D
money used to pay for transportation
6

Siva invests $100 into supplies to make cookies to sell. Each box of cookies costs $5. At what point has he hit the rate of return?

A
when he has made $100
B
when he makes a large profit
C
the moment he sells a box for $5
D
immediately upon buying the supplies
7

Dimitri’s family is shopping for new flooring for their house. They know they want flooring that is pet friendly and eco-friendly. After looking at the features of different types, they decide on bamboo. As thoughtful consumers, what should be the next step in their decision-making process?

A
deciding when and from where to buy the bamboo flooring
B
comparing the quality and prices of different bamboo flooring
C
researching what kinds of flooring are pet friendly and eco-friendly
D
evaluating their purchase and writing a review to help other consumers
8

What is a clue that a website might be selling counterfeit products or trying to scam consumers?

A
It has a high number of visitors.
B
It sells sporting goods or toys.
C
It has blurry images and low prices.
D
It sells clothes, cosmetics, or games.
9

What is the wealth gap?

A
the difference in price between wants and needs
B
the uneven distribution of money in society
C
the balance between salary and expenses
D
the increasing cost of higher education
10

A bank offers both checking accounts and savings accounts.Why might someone transfer money from a checking account to the savings account?

A
Money in a savings account is held until retirement.
B
Money in a savings account will earn a small amount of interest.
C
Money in a savings account can quickly produce a large profit.
D
Money in a savings account is invested in the stock market.
11

Gavin has a credit card but keeps it stashed away in a safe, so he does not use it. How is it still an advantage for him to have it?

A
It lets him afford nicer things.
B
It helps him earn extra income.
C
It could be useful in an emergency.
D
It can be used to buy a home.
12

What major expense is part of attending a four-year college?

A
hands-on training
B
room and board
C
scholarships
D
apprenticeships
13

A bachelor’s degree is awarded for successfully completing

A
active duty service in the military.
B
an apprenticeship in an entry-level job.
C
a four-year college program.
D
a two-year community college program.
14

How does the Energy Star program help consumers?

A
It requires products made in the United States to be energy efficient.
B
It tells whether products are made with eco-friendly materials.
C
It provides information on any hazardous materials in a product.
D
It indicates the environmental impact of using certain products.
15

What is the purpose of the GI Bill?

A
to provide military training
B
to help pay for college
C
to assist with unemployment
D
to give a salary to soldiers

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