Final Review

An auto loan is calculated using which of the following?

Which of the following economic systems do we have in the US?

The U.S. Federal Income Tax operates as a _______ tax

You are saving for college and won't need your money for 1-2 years, where should you invest?

The Federal Reserve may ___ interest rates to encourage consumers to spend more

Rent is an example of a ____

Renters Insurance is required by law in the U.S.

Which of the following auto insurance coverage is required by law?

You can contribute money to a ____ and your company will match this amount when you retire

You should ___ your bank account using your check register and bank statement each month

A credit report is a number assigned to you calculated using your credit history

You must obtain a referral to see a specialist when you have a(n) ___ health insurance plan

What percent of your budget should be allotted towards housing?

When you purchase a life insurance policy, you become the beneficiary of that policy.

Janette is single, no children, earns $45,000 a year, & makes $1700 in interest a year