Quiz Questions 1
Setting goals will impact a budget.
a. True
b. False
a. True
Only adults are wise consumers.
a. True
b. False
B. False
True or false: Values affect our spending habits.
True
True or false: Influences have no effect on your spending habits.
False
When companies use athletes or famous actors in their commercials, they are using the bandwagon angle. True or false.
True
Critical thinking is rarely required as a consumer skill.
a. True
b. False
b. False
A consumer is anyone who . . .
a. buys products.
b. uses products.
c. buys or uses services.
d. All of the above
d. All of the above
What is an expiration date?
The last day a product sould be used
What does misleading mean?
To purposely encourage others to believe something is true
When McDonald's plays its catchy tune at the end of their commericals they are using which ad angle?
A. Rewards
B. Medical reasoning
C. No angle
D. Jingles
D. Jingles
Retail price:
a. product without a brand name.
b. money that stores pay for a product.
c. amount a consumer pays.
d. cost per measurement.
The amount a consumer pays.
Bandwagon, reward, and testimonial are examples of . . .
a. advertising methods.
b. consumer strategies.
c. purchasing claims.
d. truth in advertising.
a. advertising methods.
Products and services that require you to spend money:
A. Unit price
B. Budget
C. Expenses
D. Income
C. Expenses
Money that one has earned from an allowance or a job:
A. budget
B. Income
C. A unit price
D. Expenses
B. income
Unit cost:
a. product without a brand name.
b. money that stores pay for a product.
c. amount a consumer pays.
d. cost per measurement.
d. cost per measurement.
Generic:
a. product without a brand name.
b. money that stores pay for a product.
c. amount a consumer pays.
d. cost per measurement.
a. product without a brand name.
What does budget mean?
A. financial plan on how to spend more money then you make
B. a financial plan that helps a consumer control their spending.
C. The income for a family
D. The amount of money someone makes financially.
B. a financial plan that helps a consumer control their spending.
If advertisements use words like "recent studies" and "doctor-approved", this is what advertising angle?
Medical or scientific
"Everyone is using this product for the summer, so you should too!" is an example of what advertising angle?
A. Rewards
B. Endorsement
C. Bandwagon
D. Jingles
C. Bandwagon
When a company offers a buy 2 get 1 free sale that is what kind of advertising angle?
Reward
The FDA is . . .
a. a consumer advocacy group.
b. a governmental agency that approves medicines.
c. a shopping club for medicines.
d. an organization for manufacturers.
b. a governmental agency that approves medicines.
In order to budget money properly, you need to know . . .
a. how advertisements target consumers.
b. how to shop online.
c. how to calculate your income and expenses.
d. how to check unit prices.
c. how to calculate your income and expenses.
A. FDA
B. The president
C. FBI
D. FTC
D. FTC
If Roman makes 50 dollars babysitting and he babysits twice every week for 3 weeks, would he have enough money to buy his mom a birthday gift that is 100 dollars and himself a baseball jersey that is 120 dollars?
Yes, because Roman would have made 300 dollars and the purchases only come out to 220 dollars
300 dollars