Cards in this guide (22)
What is discretionary spending within a budget
Money that can be used for any purpose
What provides a bank with collateral on a car loan
Which is one way that credit cards differ from debit cards
With a credit card, you pay later for something you buy.
What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage
Government mortgages charge lower interest rates than
conventional mortgages.
What does a good credit history do for consumers
It makes it easier for them to get loans.
Which of these is an example of a fixed expense
Rent
food
car payment
electric bill
What makes a credit card more convenient than a debit card
It can be used to buy things without immediate payment.
What provides collateral to secure a car loan
When is liability insurance needed
When you cause an accident that damages another vehicle or hurts
someone
Consumers can go to small-claims court when what happens
Other ways of resolving their complaint fail.
How can the news media help protect consumers
By investigating and exposing bad products and business
practices
What would a socially responsible company use
Socially responsible companies use renewable resources.
What is most likely to lead to an increase in wages
The formation of a labor union
The government sets a price floor in order to protect what
The purpose of advertising is to do what
Increase consumer demand.
Influence Consumer Behavior -apex
Example of discretionary spending
There are a great many examples in the world of discretionary
spending. Discretionary spending can be as simple as choosing
whether you want to spend your money on ice cream.
Whats the main reason to use a personal budget
Which if the following dose not protect consumers
Ask us of these describes the costs and benefits of getting a mortgage
Buy a House but Result in Large Interest Payments - Apex
Ask us of these describes what can happen with an adjustable-rate mortgage
What sacrifice are boycotters likely to make
What passage is an example of inductive reasoning
What passage is an example of inductive reasoning? -Apex