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global studies Financial Literacy Flashcards | StudBud
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global studies Financial Literacy
global studies Financial Literacy
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Answers
1
Any individual who purchases goods and services from a market is called a
Consumer
Customer
Purchaser
Watcher
2
When am I entitled to a refund on something I purchased?
I buy a pair of pants and when I get home the Zipper is broke
I buy a cell phone and on the way out of the store I drop it
I buy a video game that doesn't work, but I have lost the receipt
I buy a shirt without trying it on, when I get home it doesn't fit
3
What college is this?
Nebraska
Florida
Iowa State
Syracuse
4
What is this logo
Iowa
Iowa State
Minnesota
University of Northern Iowa
5
Who is your favorite teacher
Mr. Spence
Mr. Albright
Mr. Case
Mr. Poe
6
What college is this logo
University of Northern Iowa
Colorado
Iowa
Iowa State
7
Which is an example of needs
Starbucks Coffee
water and a place to live
a large SUV
iphone 12
8
What is interest?
an old wooden ship
a return on an investment
the fee you pay for borrowing money
Both of previous answers
9
What type of advertisement is this?
Testimonial
card stacking
bandwagon
plain folks
10
Solve this equation 2x-2 = 6 What does x=
4
2
12
10
11
Propaganda is
the general term for all media
the use of images and messages to influence a person's beliefs
the use of images and messages to find common ground
used to hold up a car to change a tire
12
IF you put $100 in a savings account each month for your son's college, you are both _____ and ____
Spending and Saving
Saving and Investing
Saving and borrowing
Borrowing and Investing
13
What type of advertisement is this?
Transfer
Plain Folks
Bandwagon
Card Stacking
14
Money that you earn is called
income
expenses
investment
savings
15
Which of the following is an example of an investment?
Buying a U. S. Savings bond
Putting money in a piggy bank
Buying groceries for your house
Saving spare change and putting in a jar
16
What type of Advertisement is this?
Card Stacking
Bandwagon
Glittering Generalities
Plain folks
17
What type of advertising is this?
transfer
plain folks
card stacking
bandwagon
18
What type of advertising is this?
Bandwagon
Card stacking
Plain Folks
Testimonial
19
What is the nickname for Iowa State
Cowgirls
Cyclones
Hawkeyes
Panthers
20
What type of advertisement is this?
Testimonial
Glittering Generalities
Bandwagon
Transfer
21
7th graders are conducting a survey to see where they will go on a field trip. Which is the LEAST bias method?
randomly ask 8th grade students
Randomly choose a few 7th graders and ask them
ask all 7th grade teachers and administrators to choose
ask the student council to choose
22
You want to buy a new computer, Where should you look for the MOST objective and unbiased information?
a salesperson at best buy
an independent consumer education website
the computer company's website
paid avertisement for the computer
23
What does it mean to show Bias?
to be conceited
to show selfishness
to favor one side over another
to refuse to take a side
24
a business must make sure that its products ...
never break
continue to work after many years
are useful to people that buy them
do not endanger a consumer's health
25
Which is the best relationship between risk and reward?
the lower the risk , the more growth you will get
the lower the risk, the higher the reward
the greater the risk, the lower potential reward
the greater the risk, the greater the potential reward