OCS Civics Module 8 Post Review

Look at the question below.

The Federal Deposit Insurance Corporation (FDIC) protects consumers by

Which of the following is an example of a fixed expense?

Which of the following taxes are deducted from an employee’s gross pay?

Look at the chart below:

What is one advantage of paying for purchases with a credit card instead of a debit card or other cash payment?

_________________ are scams that usually attract investors with promises of high returns and little risk.

If your credit or debit card is lost or stolen, you should immediately report it to the

Which purchase would most likely require the use of a loan?

Which federal agency monitors the stock market and the stock brokers who buy and sell stock?

_____ are protected by the Better Business Bureau, the Federal Trade Commission, and the North Carolina Attorney General

In which situation would the Better Business Bureau help a consumer?

Kayla is a student who received her first credit card. How can she use her credit wisely and build a good credit score?

Which investment tool offers low interest rates but allows you to begin saving with a low minimum deposit?

Allison takes classes at her local college. What is MOST often the result of additional education and training?

Which of the following is a measure that tells lenders like banks how likely you are to repay a loan?

Look at the question below

Examine the following budget: