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Personal Finance

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Destiney Jenkins

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Cards in this guide (19)
What kind of loans does the World Bank make

The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.

The existence of an international division of labor among countries enables those countries to have what

Specialized production

What is discretionary spending within a budget

Money that can be used for any purpose

Why do banks pay their customers interest on the money in their savings accounts

The bank charged interest when it loaned that money to someone else. So in return, the banks pay their customers interest on the money they borrowed from their savings accounts.

What is the reason for putting yourself on a budget

People put themselves on a budget to keep their expenses below their income.

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.

Why does a savings account make a better investment than a checking account

Savings accounts earn interest.

How do flexible expenses differ from fixed expenses

Flexible expenses vary over time.

How can the news media help protect consumers

By investigating and exposing bad products and business practices

Which of these makes a student loan different from other types of loans

Students don't have to provide any collateral to get a student loan. On some student loans, payment may be deferred until the student is out of college.

What is happening in the information technology sector of the global economy

Many information technology jobs are shifting from developed countries to the new globalizers.

Which of these describes how a five or one ARM mortgage works

The interest rate is fixed for five years and then changes every year afterward describes how a five or one arm mortgage works.

Because costs and benefits are both subjective a person decision will always be based on what

Personal opinion

What can you do in addition to cutting all unnessary expenses to make sure your expenses don't exceed your income

Increase your income!

How is written prose more complex than informal speech

It expresses more complete ideas

Which if the following dose not protect consumers

A boycott.

What are the following actions is most likely to result in an increase in the money supply (Apex

The friend buys millions of dollars in Treasury bonds

Ask us of these describes what can happen with an adjustable-rate mortgage

Excuse

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