F.L #2

What is NOT a reason to protect your identity as a consumer?

____________________- is a person who purchases a good or service

What is NOT a characteristic of a Checking Account?

If the demand of a product is low, and the supply is high, the price will be...

Consumer protection laws are meant to protect consumers

Interest is a fee paid for another person or group's money

What is a great example for faulty advertisement?

What is the purpose of advertisements?

What would the total be in a savings account that has $700 with 7% interest?

A savings account is used for everyday purchases.

When is the Financial Literacy Study Guide due?

What is a characteristic of a Checking Account?

___________________ is the interest of how much consumers want to purchase a good or service?

________________________ is the cost of something.

Your debit card is attached to your Checking account

Income is the money received on a regular basis, usually for work or investments

What would you use to purchase a new MacBook Pro?

Which is NOT a characteristic of a bond?

What is NOT a reason that we save?

_________________________ is the management of money

The purpose of Financial Literacy is to make sure your are financial stable.

A debit card is used on ATMs to take out money

Consumer laws are meant to protect consumers.

What would you use to purchase a pack of gummy bears and a slushy from Wawa?

If Jake has $300 in his savings and earns 2% interest, what is his total at the end of the month?

What is the purpose of being a critical consumer?

If the price of a product is high, and demand is high, the supply must be...

Your savings account is part of your credit card

Finishing your review study guide and studying the night before a test is a great way to do well on tomorrow's test.

Which is NOT a way of purchasing a good or service?

If the demand of a product goes up, and the supply is low, the price will be...