Social Studies
Social Studies, 24.07.2019 09:30, ladybugperez05

What is the definition of savings? question 2 options: money sent to the government as taxes. money used to pay off loan obligations. money left over after buying what is wanted or needed money used to buy things one needs such as shelter and food

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Social Studies, 04.11.2019 17:31, anrs14
Which best describes income? question 1 options: money borrowed from a credit union. credit offered on the basis of a person's salary. money you earn from working or get from investing. taxes paid to the government based on annual salary. question 2 (5 points) question 2 saved what is the definition of savings? question 2 options: money sent to the government as taxes. money used to pay off loan obligations. money left over after buying what is wanted or needed money used to buy things one needs such as shelter and food question 3 (5 points) question 3 saved which is a plan for spending and saving? question 3 options: a will a budget a savings account a checking account question 4 (5 points) question 4 saved when an individual invests money in bank accounts, certificates of deposit, or mutual funds, it is called question 4 options: real investment checking account risking one's savings a financial investment question 5 (5 points) question 5 saved why might personal saving decisions be important? question 5 options: it is more important to spend money than to save it. spending money on unneeded items can save you money. saving money can you prepare for unexpected expenses. having a savings account can you find a better-paying job. question 6 (5 points) question 6 saved what is another word for income earned by selling one's labor to a business? question 6 options: duties fees taxes wages question 7 (5 points) question 7 unsaved if eddie has a job, pays his bills on time, has paid his loans back and only has a car payment; would interest on his credit be high or low? question 7 options: low high question 8 (5 points) question 8 saved one's is the creditworthiness factor that is considered when a company looks how a potential borrower has handled loans in the past. question 8 options: education job position credit history investment history question 9 (5 points) question 9 saved if ashley has 5 credit cards that are all maxed out, a bank could deny her a loan to buy a house based on her question 9 options: access to credit education history employment history delinquent payments question 10 (5 points) question 10 unsaved how do credit companies or banks earn a profit when they loan money? question 10 options: by selling stock by taxing accounts by charging interest by loaning to everyone question 11 (5 points) question 11 unsaved other than fees, what is a drawback (negative) to having credit? question 11 options: uncertain earning potential you tend to purchase more things people cannot get credit question 12 (5 points) question 12 unsaved the fee that is charged for using credit is commonly referred to as question 12 options: assets collateral interest penalties question 13 (5 points) question 13 saved common forms of used by consumers are car loans, home mortgage loans, and credit cards. question 13 options: bank accounts savings accounts investments credit question 14 (5 points) question 14 unsaved income includes salaries, wages, interest, and dividends. question 14 options: true false question 15 (5 points) question 15 unsaved the process of projecting, organizing, monitoring, and controlling future income and expenses is known as question 15 options: government personal finance geography question 16 (5 points) question 16 unsaved what medium of exchange is used to buy goods and services? question 16 options: credit investing saving money question 17 (5 points) question 17 saved what is not an example of money? question 17 options: currency credit debit cards checks question 18 (5 points) question 18 unsaved buy something now and pay for it later. this is known as question 18 options: credit debit spending investing question 19 (5 points) question 19 unsaved the amount of money that you owe to lenders is called what? question 19 options: bankruptcy debt credit interest question 20 (5 points) question 20 unsaved haley bought a $500 dress using her credit card. by the time she finished paying back the credit card company, haley paid $575 for the dress. the extra $75 was what? question 20 options: interest expenditure credit debt
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