The common name for US currency is - answer-green backs
The primary sources of income for most people between the ages of 20 and 35 who are not living on a pension or social security are: - answer-Salaries, wages, and tips
Which of the following does the Federal Reserve use to regulate the na...
wise exam review questions and
answers
The common name for US currency is - answer-✔green backs
The primary sources of income for most people between the ages of 20 and 35 who
are not living on a pension or social security are: - answer-✔Salaries, wages, and
tips
Which of the following does the Federal Reserve use to regulate the nation's
money supply? - answer-✔monetary policy
Scott just got an ATM card to use and must choose a PIN (Personal Identification
Number). How should he select a PIN that will give him maximum protection
against anyone else being able to find out what the PIN is? - answer-✔Use a
random selection of letters and numbers
To make sure you will always remember your automated teller machine (ATM)
card personal identification number (PIN), you should write the PIN and keep it: -
answer-✔in a secure place at home
Money in the United States includes: - answer-✔Checking account balances on
which checks can be drawn
Which statement best describes the relationship between a person's educational
level and that person's potential earning power? - answer-✔A person with a
professional degree is likely to earn at least four times as much per year as a person
who did not complete high school
, Purchases made with your debit card are usually: - answer-✔Deducted
immediately from your checking account
Nora needed to make a long-distance call from a pay phone and did not have the
cash. She was able to make the call by using her: - answer-✔cash card
Which of the following statements is usually true about individuals who are
financially literate? - answer-✔they understand the basics of personal finance and
money management
An investor bought 40 shares of ABC corporation's stock at $80 a share. Two
weeks later, the investor receives notice that the corporation has approved a 2-for-1
stock split. Based on this information, the investor would own at the moment of the
split - answer-✔80 shares of the stock and the price of each share is $40
David bought stock for $4,000 and one year later he sold it for $1,000. The sale
resulted in a: - answer-✔capital loss
A pharmacy is to drugs as the American Stock Exchange is to - answer-✔securities
What is the largest equities market in the world? - answer-✔New York Stock
Exchange (NYSE)
As an investment, a person decides to buy a small house that has three rental
apartments. The profits from this investment may be lower then expected if the -
answer-✔one of the apartments is not rented
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