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Myra Bradtke

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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

The car itself

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

car

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

A vulnerable industry

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

To stay out of debt.

Which if the following dose not protect consumers

A boycott.

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

Excuse

What sacrifice are boycotters likely to make

going to jail

What passage is an example of inductive reasoning

What passage is an example of inductive reasoning? -Apex

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