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Meda Jacobson

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Cards in this guide (16)
What is a health insurance deductible

The "deductible" is the dollar amount of health care costs that must be borne by the insured individual before the insurance coverage takes effect. Once the insured patient has paid that dollar amount, further costs will be borne by the insurance carrier.

These out-of-pocket costs may be set on both a per-event and a yearly basis.

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

Get another job to increase income.

What provides a bank with collateral on a car loan

The car itself

What describes how a fixed-rate mortgage works

The monthly payment on a fixed-rate mortgage never changes.

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 can discretionary funds be used to pay for

Discretionary funds are government spending by passing an appropriations bill to pay for a program such as military spending or education. The money is raised and can only be spent on the program in the bill.

What pair of words best describes the purpose of using cost benefit analysis

To make decisions that maximize benefits.

Rational and Subjective.

Objective and systematic

pleasure (benefit) and pain (cost)

calculating and coherent

Rational and structured =making a list of costs and benefits

How can the news media help protect consumers

By investigating and exposing bad products and business practices

What is one of the monetary benefits of attending college

Increased earning potential in the future

Consumers can use lobbying to accomplish what

To get the government to pass new laws

Why would you need a credit card if you are not working

you will need a credit card if your not working because you have no money so you use a credit card to borrow money from the bank.The disadvy :(antage of that is that later you have to pay :(

What are the correct steps to show how a budget is made

a

b

d

c

Where can one find apartments for rent in Utah

One may find an apartment for rent in Salt Lake City, Utah with a 1 bedroom apartment being the smallest and less expensive and a 3 bedroom apartment being the biggest and most expensive.

How do credit card companies use a persons credit report

To determine if that person should be given a loan or credit card

What production practices promotes sustainable developement

The use of renewable resources

Banks that are locally owned and operated

Credit union

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