stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Personal Finance Flashcards | StudBud
Explore
/
Personal Finance
Which method of payment required a PIN?
An item that is manufactured is called a what?
Personal Finance
25 terms
·
StudBud Administration
Hi ms seid
Flashcards
25 cards
F
Practice quiz
P
Host live
L
Questions
25
Answers
1
An item that is manufactured is called a what?
Service
Good
Tax
Resource
2
Which method of payment required a PIN?
Credit Card
Cash
Mortgage
Debit Card
3
What are the two categories of methods of payment?
Now and Later
Credit Cards and Debit Cards
Crypto and Cash
Cash and Currency
4
If you don't have enough money in your account to cover a check, then what happens?
The bank pays for it
It is insured by the government
The check bounces
The bank sends assassins after you
5
Putting your item on a tab essentially is a version of what?
Cash
Charge Account
Credit Card
Crypto
6
More Americans provide services than produce goods
False
True
7
A mortgage is a type of what?
Credit Card
Index Fund
Debit
Installment Plan
8
A written order from a bank is called a what?
Check
Withdrawl
Deposit
Account
9
Currency must be durable and easy to carry
True
False
10
Bankruptcy means that you don't have any money
False
True
11
What is the most expensive method to ship a good?
Air
Highways
Railroads
Boat
12
Most goods in the US are shipped via what method?
Air
Pipelines
Water
Trucks
13
Sometimes businesses will sell items at a loss, just to get a consumer into a store
True
False
14
Which of the following is paying now for an item?
Debit Card
Mortgage
Credit Card
Installment Plan
15
Someone who is owed money is called a what?
Consumer
Debtor
Banker
Creditor
16
To get a loan from a bank, you are often required to pay a percentage up front called a what?
Balance
Layaway
Deposit
Down Payment
17
The goal of a business is to what?
Enslave the masses
Make Money
World Peace
Change the hearts of men
18
What does your credit score measure?
How much money you have in a bank
The likelihood you can pay back a loan
What your car is worth
What your home is worth
19
Manufacturing in the US was changed forever with the invention of what?
Airplane
Boat
Credit Card Readers
Assembly Line
20
Oil and natural gas are mostly transported via what method?
Trucks
Water
Pipelines
Air
21
What does GDP stand for?
General Discretionary Power
Gross Domestic Product
Gross Discretionary Power
General Domestic Power
22
Generics are always a better value than brands
True
False
23
You can earn various rewards from credit card companies if you pay off your bill on time.
False
True
24
Using
pathos
in advertising is trying to use what method to persuade people?
Death Threats
Stirring up emotion
Celebrity Endorsements
Facts and Logic
25
In America, businesses are required to accept cash for their services, as cash is legal tender.
True
False