Consumer Ed Final 41- 85

_____ is the process of spreading your assets among several different types of investments to reduce risk.

Which of the following type of court system will hear disputes involving relatively small amounts of money

The ____ is the original amount of money deposited or borrowed.

Which term refers to the loss in value as an item gets older

A high risk investment is also called a ____.

Filing for Head of Household means that you are ___.

A(n) ___ is the amount of money earned on an investment, usually expressed as an annual percentage.

Which of the following is NOT a problematic financial business?

A ____ shows what you owe and what you own, and measures your net worth.

Which federal agency monitors the largest financial planning companies, like stock brokerage firms?

Which of the following is a characteristic of a "good" budget?

The ____ is when payment is due on an investment.

___ is when interest is earned on both the principal and any previously earned interest

____ is an increase in prices over time, where buying power decreases.

An estimate of the current market value of your real estate property is called a(an) ____.

A ____ is the difference between your estimated budget and what you actually spend.

Which of the following is an example of a high risk investment?

A ____ is an investment fund in which investors pool their money to buy stocks, bonds, and other securities.

A legal action on behalf of a group of people who have suffered the same injustice is called a ____.

____ is a unit of ownership in a company and allows for voting privileges and/or dividends.

Tips from a job belong in which category of income?

___ are financial plans that are set for more than 5 years in the future.

All the tools, equipment, and machinery that are used to make final products are called __ in the Factors of Production.

A ___ is a measure of a person's ability and willingness to make credit payments on time.

The higher your credit score is, the ___ your interest rate is on a loan.

____ are items used frequently, like shampoo, soap, and food.

A written guarantee from a manufacturer/distributor that states the condition under which a product can be returned

A secured loan is backed, or guaranteed, by ___.

Which of the following is an advantage of renting?

Which of the following is an advantage of owning your own home?

The cost of using credit is called the ___

____ is the inability, or being unable, to pay debts when they are due.

A ___ is the money that one makes on the sale of an investment, and is considered taxable income.

What can cause a driver's insurance premiums to decrease?

Credit cards allow you to...

Which of the following describes a home inspector's job?

Credit unions generally offer ___ compared to commercial banks.

One example of a variable expense is ____.

Yourtelevision was stolen, which method would an insurance company use to replace your television at its current value

The contract that you sign when you purchase insurance and agree to terms is called a ______.

In the long run, your net worth increases when you _____.

A ___ is an example of a short-term liability.

Discretionary income is money spent on ____.

Renters insurance covers which of the following _____.

When purchasing car insurance, collision insurance only covers _____.