
Personal Finance Chapter 1
Quiz by Paula Fontaine
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11 questions
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- Q1An example of a positive incentive an employer may offer employeesBonuswarningtax deferred retirement accountkids eat free program30s
- Q2A business offers incentives toconsumers and employeesno oneconsumers and saverscustomers and producers30s
- Q3If the price of gold fish increases and people stop buying them, it is said to haveelastic demandinelastic demandprice floorprice ceiling30s
- Q4The following are elastic exceptrestaurant foodgascarsclothing30s
- Q5An economic system that offers consumers no choiceNorth KoreaGermanyU.S.None of the above30s
- Q6The SEC overseesthe governmentthe food and drug industrythe environmentStock Exchange30s
- Q7What does this graph representsupplyinelastic demandelastic demanddemand30s
- Q8What would cause the demand curve to shift to the rightRaw material cost droppedA new computer makes the job more efficientConsumer income increasedLast season’s styles30s
- Q9Bank of American is consideredCredit UnionInsurance companyCommercial BankMortgage Company30s
- Q10Credit Unions offer their customers which servicesCar insuranceNone of the aboveInvestment adviceCredit and debit cards30s
- Q11A Non-depository institution includesRockland Credit UnionProgressive insurance companyDedham Savings BankAll of the above30s