Consumerism

Question 1

When your expenses are greater than your income it is considered a:

Accepted Answer

Net Loss

Question 2

All advertising is bad

Accepted Answer

False

Question 3

Income= $25, Expenses= $20...

Accepted Answer

Net Gain

Question 4

What is a want?

Accepted Answer

Unnecessary but desired

Question 5

You should save money for...

Accepted Answer

All of the above

Question 6

Income= $30, Expenses= $40...

Accepted Answer

Net Loss

Question 7

What is a value?

Accepted Answer

Desirable and worthwhile

Question 8

When your income is greater than your expenses it is considered a:

Accepted Answer

Net Gain

Question 9

On average...Higher education=

Accepted Answer

Higher income

Question 10

"9 out of 10 dentists recommend Crest toothpaste"

Accepted Answer

Facts & Figures

Question 11

What is an expense?

Accepted Answer

Money Spent

Question 12

How many steps are in the spending plan process?

Accepted Answer

5

Question 13

What is income?

Accepted Answer

Money Earned

Question 14

"Zac Efron wears Nike's, Nike's must be cool!"

Accepted Answer

Celebrity Endorsement

Question 15

What is a spending plan?

Accepted Answer

Tool to help manage how you spend money

Question 16

Everyone using the product is happy

Accepted Answer

It will make you happy

Question 17

What influences personal financial decisions?

Accepted Answer

All of the above

Question 18

What is a need?

Accepted Answer

Neseccity

Questions 18