PLEASE HELP 1.) Using credit:

A.) helps prevent overspending.

B.) leads to a higher rate of impulse purchases.

C.) rarely leads to debt.

D.) None of these choices are correct.

2.) Which of the following financial products usually requires individuals to deposit money for a specific period of time.

A.) stocks

B.) mutual funds

C.) savings accounts

D.) CDs

3.) Which of the following choices is an example of an installment loan?

A.) a fixed rate home loan

B.) a variable rate credit card

C.) a mutual fund

D.) a utility bill

4.) Which of the following choices provides investors with the highest degree of diversity?

A.) CDs

B.) savings accounts

C.) mutual funds

D.) None of these choices are correct.

5.) The global financial crisis of 2008 was caused by:

A.) an increase in subprime lending.

B.) the bursting of the U. S. housing bubble.

C.) excessive debt among Americans.

D.) All of these choices are correct.

6.) If the current exchange rate is 2 British pounds for every U. S. dollar, a meal that costs $20 U. S. would cost a British visitor:

A.) 4 pounds.

B.) 40 pounds.

C.) 2 pounds.

D.) 20 pounds.

7.) A cash subsidy is a type of:

A.) trade agreement.

B.) export quota.

C.) import rebate.

D.) exchange rate.