What is a smart home?
A. A house with more space
B. A house with better paint
C. Uses tech to automate tasks
D. A home designed only for comfort and decoration
C. Uses tech to automate tasks
What do X-rays do?
A. Show bones
B. Fix injuries
C. Measure oxygen
D. Improve strength
A. Show bones
What is a need?
A. Something fun
B. Something expensive
C. Required for living
D. Brand name product
C. Required for living
Which uses bank money directly?
A. Credit
B. Loan
C. Debit
D. Cash app
C. Debit
Human capital is:
A. Money
B. Debt
C. Property
D. Skills and education
D. Skills and education
What controls multiple smart devices?
A. Smart hub
B. Microwave
C. Light switch
D. A large system used only for temperature control
A. Smart hub
Which uses sound waves?
A. MRI
B. Ultrasound
C. X-ray
D. CT scan
B. Ultrasound
Impulse buying means:
A. Planning ahead
B. Buying quickly without thinking
C. Saving money
D. Comparing options
B. Buying quickly without thinking
Credit cards use:
A. Your money
B. Borrowed money
C. Free money
D. Gift balance
B. Borrowed money
Education helps by:
A. Reducing income
B. Increasing opportunities
C. Lowering skills
D. Guaranteeing jobs
B. Increasing opportunities
What is a risk of smart homes?
A. Privacy issues from connected devices
B. No electricity
C. Smaller rooms
D. Too many windows
A. Privacy issues from connected devices
Why need training for medical machines?
A. They are simple
B. They are slow
C. They are small
D. Can be used incorrectly and cause harm
D. Can be used incorrectly and cause harm
Why compare prices?
A. Waste time
B. Limit choices
C. Spend more
D. Find best value
D. Find best value
Not paying credit leads to:
A. Interest added
B. Rewards
C. Free purchases
D. No change
A. Interest added
Opportunity cost is:
A. Free choice
B. A fee
C. A sale
D. Next best option you give up
D. Next best option you give up
Why use renewable energy in homes?
A. Looks better
B. Reduces environmental impact
C. Makes homes heavier
D. Only works in cold weather
B. Reduces environmental impact
Main benefit of medical tech?
A. Faster, more accurate care
B. Slower treatment
C. Less information
D. More paperwork
A. Faster, more accurate care
What affects total cost most?
A. Color
B. Shelf Placement
C. Store size
D. Taxes and fees
D. Taxes and fees
What is a loan?
A. Free money
B. Savings
C. A discount
D. Borrowed money to repay with interest
D. Borrowed money to repay with interest
Best long-term choice?
A. Save and invest
B. Spend all the money
C. Ignore money
D. Buy everything
A. Save and invest
Which scenario BEST represents a fully optimized smart home system?
A. A home where each device works separately and must be controlled manually
B.A house that only uses electricity without automation
C. A home with expensive appliances but no internet connection
D. A system where devices are connected, learn user habits, and automatically adjust settings like lighting, temperature, and security
D. A system where devices are connected, learn user habits, and automatically adjust settings like lighting, temperature, and security
Why is it important that medical machines like MRIs and X-rays are used carefully?
A. They are too slow
B. Incorrect use can lead to inaccurate results
C. They are only used for emergencies
D. They are difficult to move
B. Incorrect use can lead to inaccurate results
Which situation BEST demonstrates a smart financial decision when shopping?
A. Buying the first item you see because it looks good
B. Choosing the cheapest item without checking quality
C. Comparing prices, reading reviews, and considering long-term value before making a purchase
D. Buying multiple items just because they are on sale
C. Comparing prices, reading reviews, and considering long-term value before making a purchase
What is the LONG-TERM risk of consistently carrying a balance on a credit card?
A. You build more rewards points
B. You avoid all fees
C. Interest accumulates over time, increasing total debt
D. Your balance decreases automatically
C. Interest accumulates over time, increasing total debt
Which choice BEST shows an understanding of opportunity cost?
A. Picking the easiest option every time
B. Giving up one option to choose another
C. Spending money without thinking about future impact
D. Choosing something because it feels right in the moment without considering alternatives
B. Giving up one option to choose another