a savings account where the rate of interest paid by the account fluctuate from day to day as prevailing interest rates in the economy
What is a money market account?
100
Fabric Content. type of care. Aesthetic value
List three factors to consider when buying clothing
200
Consumer Responsibilities:
1. To get information yourself
2. learn how to assemble and use products you buy
3. make fair complaints
4. act courteously
5. Seek action through government
What are the consumer responsibilities (name 2 of the 5)
200
You are a single male, under 25, living in an urban area with a very high insurance rate
What affects your car insurance payments.
200
Expenses you pay every month.
Expenses you can vary
What is a fixed expense. What are flexible expenses
200
a deposit that cannot be cashed in before a specified time without paying a penalty in the form of reduced interest
What is a certificate of deposit
200
A product that is produced and advertised by a trusted brand or company. Usually, it is more expensive.
What is a name brand product?
300
Durable goods last 3+ years ex: cars, dishwashers
non durable are bought more regularly ex: food, clothes
What is a durable and non durable good?
300
Money you do NOT have to pay back that you obtained through essay or merit.
What is a scholarship
300
The amount of income left after deductions are taken
What is Net Income
300
A promise made by the government to pay a set amount of interest each year to the bond's holders and to repay the face value of the bond at the end of the bond's term.
What is a savings bond
300
Wool, cotton, silk
What is higher quality fabric?
400
Apartment style living that is owned by the purchaser
What is a condominium
400
Money you do pay back or your parents will be held liable for
What is a parent-plus loan
400
the most common type of home. On single land plot
What is a single family detached home
400
A savings account that pays interest on funds from the day they are deposited until they day they are withdrawn
What is a day in day out account?
400
A law passed to set regulations for clothing company standards and regulations.
What is the Textile Fiber Product Identification Act?