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FLHD 2400 Final Exam 2024 review

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FLHD 2400 Final Exam 2024 review In regards to finance, which couple is most likely to be happy? A. The couple who uses their credit cards to have a great weekend getaway. You're trying to improve your credit score, which of the following would be a bad idea?

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  • June 17, 2024
  • 14
  • 2023/2024
  • Exam (elaborations)
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FLHD 2400 Final Exam 2024 review
In regards to finance, which couple is most likely to be happy?
A. The couple who uses their credit cards to have a great weekend getaway.
B. The couple who keeps separate accounts, so they don't have to be accountable to
each other about their purchases.
C. The couple who buys a brand new car that they've wanted even if it stretches their
budget a bit.
D. The couple who focuses on paying down their debts rather than buying new toys.
**** D. The couple who focuses on paying down their debts rather than buying new
toys.


You're trying to improve your credit score, which of the following would be a bad idea?
A. Get as many credit cards as you can
B. Keep a low balance on your credit cards or even zero
C. Ask to increase your credit limit
D. Challenge mistakes on your credit report
E. These are all good things to do to improve your credit score **** A. Get as many
credit cards as you can


These sorts of debts brought into the marriage, were particularly hard on the marriage.
(choose more than one)
A. Credit card
B. Medical
C. Car loans
D. School loans **** A. credit card, C. car loans


As discussed in class, why do full-time working women make less than full-time working
men?
A. Women are less likely to ask for a raise or promotion

, B. Women tend to choose occupations that pay less
C. Women tend to work fewer hours than men
D. B & C
E. All of the above are reasons **** E. All of the above are reasons


Statistically full-time working women make less than full-time working men. How is this
statistic calculated?
A. By using the gross national product to diving the number of men working full-time and
women working full-time
B. Its a comparison of the earnings of all full-time working women with all full-time
working men
C. Based on results from wide surveys of what people think they make in comparison to
the opposite sex
D. Using large corporations reports of what they pay their male and female employees
**** B. Its a comparison of the earnings of all full-time working women with all full-time
working men


Why do you want a good credit score?
A. Because it makes you more marriageable
B. Because the interest rate of your student loans is calculated based on that score
C. Because it will make it easier to find a job
D. Because it will save you thousands of dollars over the course of your house
payments and other loans **** D. Because it will save you thousands of dollars over
the course of your house payments and other loans


Which is a sign that you are NOT good at money management? (choose all that apply)
A. You don't know the size and interest rates of your debts
B. You're constantly hit with late fees
C. All of your bills are set up on automatic payment
D. You don't track your spending **** A. You don't know the size and interest rates of
your debts, B. You're constantly hit with late fees, D. You don't track your spending

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