Interest
What is the extra money that the bank gives you or the extra money you have to pay when taking out a loan?
What is Interest
What happens when supply is low what happens to the cost?
What is the cost is high
Daily Triple!!!!!!! What is it called when there is less money circulating?
What is reccession
Do you want to wear strong cologne/perfume when showing up to a job interview?
What is No
When buying what is better high interest rate or low interest rate?
What is a low interest rate
How long do you want to have a loan for? 3 years, 4years, 5 years?
What is 3 years
What happens to the cost when demand is high?
What is the cost goes up because there is more demand for the good or service
Who appoints the Federal Reserve?
Who is the President
Do you want to show up 10 minutes early or 10 minutes late?
What is 10 minutes early
What does insurance do?
What is it can protect your belongings
What is a better option than taking a loan with interest?
What is paying cash
Which curve is downward sloping?
What is the demand curve
What is it called when there is more money circulating?
What is inflation
What is better to wear Formal attire or fancy street clothes?
What is Formal Attire
Do you want to put a big downpayment or no downpayment?
What is a big downpayment
When paying for a car should you take a long time to pay it off or a short time?
What is a short time
Which curve is upward sloping?
What is the supply curve
What does the Federal Reserve do to get rid of inflation?
Slowly take money out of circulation.
Should you talk about money during an interview?
What is no
What should you look for when buying a house?
What are Utilities (heat, air conditioning, sewage), Working fridge, dishwasher, washer & dryer, etc.
Steal 1500 points from another team!!! What is a better interest rate if you put in $1,500 into a bank and have the option of a 5% interest rate over 7 years or a 4% interest rate over 9 years?
What is 4% over 9 years
When is the cost the highest?
What is when supply is low or demand is high
Daily Double!!!!!! How many Federal Reserve Banks are there?
What is 12 banks
What is two things to include in an elevator pitch?
What is Your name, why they should pick you, why you want to work for them, etc.
What is something to look for when buying a car?
What is has it been damaged, How many miles are there on it, how old is the car, etc.