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Money / Management
The Feds are
Money in the US is backed by
Money / Management
11 terms
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StudBud Administration
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225 plays
WI!SE Prep Money / Management
Flashcards
11 cards
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Questions
11
Answers
1
Money in the US is backed by
Checks & Balances
Pearls
Gold
Diamonds
2
The Feds are
US Treasury Dept
Federal Reserve
Police
Cops
3
A payment order for a pre-specified amount of money is
Money Order
Personal Check
Certified Check
Travelers Check
4
The next best alternative
Spending
Scarcity
Opportunity Cost
Inflation
5
Exemption (aka Allowance) determine
Paycheck
Tax refund
Tax Withholdings
Your Kids
6
Which is not a source of income?
Allowance
Student Loan
Paycheck
Graduation Gift
7
Income left over after spending, saving, investing and personal necessities is
mo money
deficit
my money
budget surplus / discretionary income
8
Which is the lowest in liquidity?
Debit Card
Stock
Cash
House
9
Cash cards / gift cards can be charged a inactivity fee
False
True
10
Least likely hurt by inflation are
grandma
fixed income
borrowers
lenders
11
Lenders and those on fixed income are most hurt by
inflation
delflation
fixed prices
opportunity cost
