Financial Literacy

To avoid interest charges on a credit card a consumer must...

Because CDs require investors to lock up their money for a long period of time...

A bank adds interest you earn to your _______, the amount you previously deposited

The value of the highest alternative choice that the consumer did not make is the ____

If you have a broken item the best thing for you to do is to fix it yourself if under warranty 

A ______ remains on a person's credit rating for at least 7 years, making it hard to get a loan

The Pure Food and Drug Act is an example of

If you buy on impulse you may find that you...

Saving more at an older age per month is better than saving less per month for longer.

Compared to stocks and bonds, mutual fund are generally

Millions of people have been left in bankruptcy by the 

Credit is evil

Some companies pay shareholders a _____ as a way to share profits.

Discretionary income: net income

The best way to avoid "going under" is to make a budget and stick to it.

Disposable income: money you have after all taxes have been paid

The cost of credit expressed as a percentage of the amount borrowed is the