Financial Literacy Post Test Review

Which of the following is an example of an economic incentive

Which of the following allows invested money to grow over time?

The money you pay to buy insurance is called

A plan for spending is called a (n)

Everything a company does to get consumers to buy their product is called

A fee that a credit card charges to purchase something and pay for it over time.

The FICO score measures all of the following, except

Represent small pieces of ownership in a company

The monetary value of all goods and services produced in a country in a year is called

Money taken out of your pay check for taxes is called

Economic system based on the private ownership of business and products sold at will

The amount of money you get paid after taxes are taken out is called

The interaction between the various countries of the world is called

A market economy is driven by the economic principle of

System in which government controls and regulates trade

Which of the following type of insurance would cover costs associated with a car accident

In which of the following should you keep your emergency fund

A liability can be described as

Non-wage compensation provided by your employer is known as

A person who buys things is called a