ECON: Unit 7 - Personal Finance

Which type of insurance provides for your family in the event of your untimely death?

Which of the following is NOT a benefit of using credit wisely?

What is the difference between a commercial bank and a credit union? 

What type of insurance would you want if a tree fell on your home during a storm?

Which of the following would be considered a good credit score? 

Income tax is an example of which of the following tax types: 

Who would benefit MOST from simple interest? 

In this investment a person has partial ownership in a corporation; can be risky.

This is the amount of money you pay monthly or yearly to purchase insurance. 

What is the relationship between risk and return? 

What is the main goal of insurance? 

Who would benefit MOST from compound interest?

In this type of tax, the tax rate increases as income increases; wealthy people pay more.

If you were choosing an investment, which interest rate would be best?

If you were choosing a credit card, which of  the following interest rates would be best?

How do banks make money? 

Which of the following factors would NOT affect your creditworthiness?

This type of investment is a collection of various investments; it's a diverse investment. 

Which factor MOST often plays a role in how much money you earn in a lifetime?

Brianna is in a car accident and must pay a $300 deductible. This means that. . . 

Which type of interest do you want on an investment? 

Which of the following would most likely affect your ability to get a home mortgage loan? 

The amount of money the insured must pay out-of-pocket when an insurance claim is filed.

Why do investors like high-risk investments, like the stock market?

In this type of tax, the tax rate decreases as income increases.

Which type of interest rate would you want on a loan?

Sales tax is an example of which of the following tax types?

Which of the following is considered one of the riskiest forms of investment?