mr. weiss
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Mr. Weiss. Unit 2. Before you can comparison shop, you must a.make a rational choice. b.gather information about the product. c.decide how to use your purchase. d.read all contracts and warranties. Mr. Weiss. Unit 2. Before you can comparison shop, you must - PowerPoint PPT PresentationTRANSCRIPT
Mr. Weiss
Unit 2
4. Before you can comparison shop, you must
a. make a rational choice.b. gather information about the product.c. decide how to use your purchase.d. read all contracts and warranties.
Mr. Weiss
Unit 2
4. Before you can comparison shop, you must
a. make a rational choice.b. gather information about the product.c. decide how to use your purchase.d. read all contracts and warranties.
Mr. Weiss
Unit 2
8. Education, occupation, experience, and health all make a difference in a person’s
a. earning power and ability to consume. b. ability to comparison shop.c. exposure to advertising.d. rational choice.
Mr. Weiss
Unit 2
8. Education, occupation, experience, and health all make a difference in a person’s
a. earning power and ability to consume. b. ability to comparison shop.c. exposure to advertising.d. rational choice.
Mr. Weiss
Unit 2
12.Which type of advertising would be most helpful for a consumer who needs to decide if a particular digital camera is right for her?
a. discretionary advertisingb. deceptive advertisingc. competitive advertisingd. informative advertising
Mr. Weiss
Unit 2
12.Which type of advertising would be most helpful for a consumer who needs to decide if a particular digital camera is right for her?
a. discretionary advertisingb. deceptive advertisingc. competitive advertisingd. informative advertising
Mr. Weiss
Unit 2
18.Sort by:Price Shipping State Sort by:Avail.
Merchant J $312.00 24.95 NY YESMerchant K $314.00 19.95 NY YESMerchant L $316.00 19.37 NY YESMerchant M $318.00 FREE FED EX NJ YES
Brand New Fast Service SHIPPING
The illustration shows an online price comparison for a particular digital camera. Which merchant offers the camera at the lowest total price?a. Merchant J c. Merchant Lb. Merchant K d. Merchant M
Mr. Weiss
Unit 2
18.Sort by:Price Shipping State Sort by:Avail.
Merchant J $312.00 24.95 NY YESMerchant K $314.00 19.95 NY YESMerchant L $316.00 19.37 NY YESMerchant M $318.00 FREE FED EX NJ YES
Brand New Fast Service SHIPPING
The illustration shows an online price comparison for a particular digital camera. Which merchant offers the camera at the lowest total price?a. Merchant J c. Merchant Lb. Merchant K d. Merchant M
Mr. Weiss
Unit 2
20.A financial institution that is owned and operated by members to provide savings accounts and low-interest loans is a
a. savings and loan.b. credit union.c. commercial bank.d. savings bank.
Mr. Weiss
Unit 2
20.A financial institution that is owned and operated by members to provide savings accounts and low-interest loans is a
a. savings and loan.b. credit union.c. commercial bank.d. savings bank.
Mr. Weiss
Unit 2
24.Even when a person declares personal bankruptcy, he or she must continue to pay
a. all creditors.b. credit card bills.c. taxes.d. ongoing court costs.
Mr. Weiss
Unit 2
24.Even when a person declares personal bankruptcy, he or she must continue to pay
a. all creditors.b. credit card bills.c. taxes.d. ongoing court costs.
Mr. Weiss
Unit 2
28.What is the main factor lenders consider in determining a person’s creditworthiness?
a. finance charges c. characterb. cash available d. credit rating
Mr. Weiss
Unit 2
28.What is the main factor lenders consider in determining a person’s creditworthiness?
a. finance charges c. characterb. cash available d. credit rating
Mr. Weiss
Unit 2
32.*Greater mobility*Feeling of freedom to choose another place if dissatisfied*Pay only a small security deposit*No direct maintenance costs*More money for other purchases
All of the items in the list area. home ownership advantages. c. renting advantages.b. home ownership disadvantages. d. renting disadvantages.
Mr. Weiss
Unit 2
32.*Greater mobility*Feeling of freedom to choose another place if dissatisfied*Pay only a small security deposit*No direct maintenance costs*More money for other purchases
All of the items in the list area. home ownership advantages. c. renting advantages.b. home ownership disadvantages. d. renting disadvantages.
Mr. Weiss
Unit 2
36.People who are able to use or store large quantities of bulk food items can save money by shopping at
a. large supermarkets. c. discount stores.b. convenience stores. d. warehouse stores.
Mr. Weiss
Unit 2
36.People who are able to use or store large quantities of bulk food items can save money by shopping at
a. large supermarkets. c. discount stores.b. convenience stores. d. warehouse stores.
Mr. Weiss
Unit 2
40.Closing costs on a home include such items as the title search, legal costs, loan application, credit report, house inspection, and
a. homeowner’s insurance. c. taxes.b. mortgage payment. d. security
deposit.
Mr. Weiss
Unit 2
40.Closing costs on a home include such items as the title search, legal costs, loan application, credit report, house inspection, and
a. homeowner’s insurance. c. taxes.b. mortgage payment. d. security
deposit.
Mr. Weiss
Unit 2
44.Comparison shopping for food involves a trade-off between
a. time and money. c. time and effort.
b. quality and quantity. d. variety and price.
Mr. Weiss
Unit 2
44.Comparison shopping for food involves a trade-off between
a. time and money. c. time and effort.
b. quality and quantity. d. variety and price.
Mr. Weiss
Unit 2
48. According to the graph, in what period did the S&P 500 stocks make their greatest gains?
a. 1985-1990b. 1990-1995c. 1995-2000d. after 2000
Mr. Weiss
Unit 2
48. According to the graph, in what period did the S&P 500 stocks make their greatest gains?
a. 1985-1990b. 1990-1995c. 1995-2000d. after 2000
Mr. Weiss
Unit 2
52.Savings bonds sell for less than their face value because
a. banks compete to sell them.b. this is how they pay interestc. they pay dividends twice a year.d. interest is tax-exempt.
Mr. Weiss
Unit 2
52.Savings bonds sell for less than their face value because
a. banks compete to sell them.b. this is how they pay interestc. they pay dividends twice a year.d. interest is tax-exempt.
Mr. Weiss
Unit 2...75 years ago, ...three salesmen created the first mutual fund and opened up what was once an exclusive province of the affluent to just about everyone. When the Massachusetts Investors Trust made its debut in March 1924, it had $50,000 in assets and owned 45 stocks.... By pooling investments, the fund made shares in American companies accessible to a broader market... (the) true innovation was allowing investors to redeem shares upon request, at market value of the underlying stocks. Source: U.S. News & World Report, April 5, 1999
____ 56. According to the passage, when investors in the first mutual fund decided to sell their shares, how much money did they receive?
a. the amount they originally paidb. the amount they originally paid, plus interestc. the amount other investors were paying for the same stocks in the fundd. the amount another investor agreed to pay them for their shares
Mr. Weiss
Unit 2...75 years ago, ...three salesmen created the first mutual fund and opened up what was once an exclusive province of the affluent to just about everyone. When the Massachusetts Investors Trust made its debut in March 1924, it had $50,000 in assets and owned 45 stocks.... By pooling investments, the fund made shares in American companies accessible to a broader market... (the) true innovation was allowing investors to redeem shares upon request, at market value of the underlying stocks. Source: U.S. News & World Report, April 5, 1999
____ 56. According to the passage, when investors in the first mutual fund decided to sell their shares, how much money did they receive?
a. the amount they originally paidb. the amount they originally paid, plus interestc. the amount other investors were paying for the same stocks in the fundd. the amount another investor agreed to pay them for their shares
Mr. Weiss
Unit 2
60.A person who buys a stock for $20 and sells it for $30 has earned $10 in
a. interest. c. dividends.b. profit per share. d. capital gains.
Mr. Weiss
Unit 2
60.A person who buys a stock for $20 and sells it for $30 has earned $10 in
a. interest. c. dividends.b. profit per share. d. capital gains.
Mr. Weiss
Unit 264. The U.S. personal saving rate (PSR) fell into negative territory during the third quarter
of 2005 and has remained close to zero since then.... Simply put, a negative PSR implies that U.S. households are spending more income than they have to spend. Why? Households may expect that their incomes will increase in the long-run. They also have access to ... credit cards, home equity loans, and subprime mortgages that allow expected future wealth to be transformed into current purchasing power. Other possible reasons for the recent “consumption boom” include low inflation, low long-term interest rates, and the perception that programs such as Social Security will provide financial support in later years. Source: U.S. Bureau of Economic Analysis, 2007
This passage suggests that the low savings rate is partially due toa. a booming economy.b. access to credit, like credit cards and home equity loans.c. high homeownershipd. high incomes.
Mr. Weiss
Unit 264. The U.S. personal saving rate (PSR) fell into negative territory during the third quarter
of 2005 and has remained close to zero since then.... Simply put, a negative PSR implies that U.S. households are spending more income than they have to spend. Why? Households may expect that their incomes will increase in the long-run. They also have access to ... credit cards, home equity loans, and subprime mortgages that allow expected future wealth to be transformed into current purchasing power. Other possible reasons for the recent “consumption boom” include low inflation, low long-term interest rates, and the perception that programs such as Social Security will provide financial support in later years. Source: U.S. Bureau of Economic Analysis, 2007
This passage suggests that the low savings rate is partially due toa. a booming economy.b. access to credit, like credit cards and home equity loans.c. high homeownershipd. high incomes.