Colleges
TRUE OR FALSE: Everyone must go to college, otherwise they cannot succeed in life.
FALSE
FALSE
The amount you pay for insurance in order to obtain it?
PREMIUM
The Central Bank of the United States is known as the:
FEDERAL RESERVE ... aka... THE FED
A collection of data that is used as a medium of exchange where the transactions are recorded in an electronic public ledger and everything is decentralized.
CRYPTOCURRENCY
Which of the following is most likely the highest paying college degree here?
Hospitality
Horticulturist
Engineering
Child Development
Journalism
Engineering
What is the "list of qualifications" that you should bring with you to a job interview every time?
A RESUME
If you get into a car or health accident and call up your insurance and request payment for an insured loss then you are filing a...
CLAIM
Fiscal Policy is when __________________ attempts to influence the economy by slowing it down or speeding it up. (Who controls fiscal policy?)
CONGRESS
This type of CAR insurance covers your car against people who are uninsured...
UNINSURED MOTORIST insurance
This financial aid option has the most risk and it must be paid back no matter what.
Student Loans
The ease with which an asset can be accessed and used as a medium of exchange... CASH is a great example.
LIQUIDITY
The amount YOU pay, BEFORE the insurance company will pay is called the
DEDUCTIBLE
The three functions of money include MEDIUM OF EXCHANGE, A UNIT OF ACCOUNT, and this?
A STORE OF VALUE
Something that serves as money but has no other value or uses... like paper money or bitcoin.
FIAT MONEY
This financial aid option is usually based on merit, athletic, artistic, or other abilities and does not need to be repaid. It can be offered by both private groups and colleges.
Scholarships
This type of CAR insurance covers bodily injuries and property damage. It DOES NOT cover your vehicle damages from an accident.
LIABILITY insurance
Name three types of insurance!
Acceptable answers:
Car Insurance
Health Insurance
Life Insurance
Pet Insurance
Renter's Insurance
Homeowner's Insurance
What are the two main "tools" of Fiscal policy that the government can use to speed up or slow down the economy?
TAXES and GOVERNMENT SPENDING
What is one of the biggest problems with Fiscal Policy?
Either DEFICIT SPENDING or CROWDING OUT EFFECT
This financial aid option is when the college, in conjunction with the federal government, help the student find a job and the government pays the salary for that job:
WORK STUDY
What does FAFSA stand for?
Free
Application for
Federal
Student
Aid
This type of CAR insurance covers your car against all other things to your car besides a car accident.
COMPREHENSIVE insurance
What are the three main "tools" or "shifters" of the Fed that the Fed can use to speed up or slow down the economy?
Reserve Requirements
Open Market Operations
Discount Rate
The percentage of people with incomes below the minimum threshold in the United States is the:
POVERTY RATE