12/13- ECONOMICS/PERSONAL FINANCE FINAL EXAM

Front

What does the S in the SMART Goals acronym represent? Options: Smart, Safe, Specific, Start

Back

Specific

Front

What does the R in the SMART Goals acronym represent? Options: Realistic, Relationship, Real, Rate

Back

Realistic

Front

The insurance protection agency that protects most credit union accounts up to $250,000 is called the...

Back

NCUA

Front

Bank accounts in most banks are protected by the FDIC by up to $_____

Back

$250,000

Front

Which type of student loan has the federal government pay the interest while the student is attending school? Options: Subsidized, Unsubsidized

Back

Subsidized

Front

Scholarships and grants are unique in that the student who is awarded them...

Back

will not have to pay back the amount over time.

Front

It usually takes three months for your budget to begin working well.

Back

True

Front

With all investments, as the risk goes up, the return goes up.

Back

True

Front

Not every state has a sales tax

Back

True

Front

Personal finance is 20% behavior, 80% head knowledge. True or False?

Back

False