
Semester 2 Exam
Quiz by Angela Millspaugh
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
Calculate your fuel cost for a trip given the following information:

Economic transaction of goods and services without the use of money is called __________________ .
When determining Purchasing Power Parity, you can ignore transportation costs.
The Hard Copy style of budgeting is set up so you can not spend more than you have since you are operating on a cash-only basis.
The budget that requires you to account for every dollar earned, making your income minus your expense equal zero is called the:
Which is NOT a good habit to organizing your money?
With on-line banking it is impossible to be over-drawn.Â
The website to apply for federal student aid is FAFSA.gov
The primary purpose of taxes is to provide services that improve our quality of life
Identify which of the following goods and services are paid for by taxes or not.
When receiving your bank statement, you should immediately do what?
Which is NOT a good strategy for saving money.
If someone is not saving enough for retirement, which of the following actions should they consider?
The definition of a minimum payment is the lowest amount you are required to pay each month
Interest rates are the same for everyone.
Which of the following statements is TRUE?
There are several steps you can take to reduce the potential of being a victim of consumer fraud, including:
When signing a lease, it is recommended that you:
Which of the following is an advantage of renting a place to live?
After you pay off your loan, you will get a title and own the car outright.
As a rule of thumb, up to 70% of your income can be spent on rent.