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Everfi End Tests Questions And Answers 2023
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Everfi End Tests Questions And Answers
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Everfi End Tests Questions And Answers1. a phone: which of the following would be considered a want
rather than a need for most people: a place to live, warm clothes,
a phone, food
2. the trade off of making one choice and giving up a different
choice: what is an opportunity cost
3. an independent consumer education website that reviews
and rates com- puters: where should you look if you want to buy
a computer for the fairest and most reliable information
4. all income and expenses: what should you include for a
budget of a business
5. monthly cost of eating at restaurants: which of the following
is a variable expense for many adults: monthly rent payment,
monthly car payment, monthly health insurance payment, monthly
cost of eating at restaurants
6. cable services: which expense isn't a need: car insurance, rent
payment, groceries, cable service
7. compare the prices of the two brands: if you know the unit
prices of two different brands of an item, what are you better able
to
, 8. the time you could have spent doing something else: you
received $50 as a birthday gift and chose to spend it on new
wallpaper. what is the opportunity cost: other items you could have
bought, the price, the time you could have spent doing something
else
9. once a budget is set it shouldn't be revisited: which of the
following is not true of a budget: budgets include both income and
expenses, once a budget is set it shouldn't be revisited, a budget
can include charitable giving, budgets help you plan how to spend
money you earn or receive
10. pay with a credit card if you have a hard time sticking to a
budget: what
is not a successful budgeting strategy: buy your needs first, pay
with a credit card if you have a hard time sticking to a budget,
keep some extra money, revisit your budget regularly
11. salary: what is usually paid on a biweekly or monthly basis for
professional employment
12. keeping track of how much you have spent is simple: why
is paying with cash a good option
13. your history of making payments on time: what is the
biggest factor on a credit score
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