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How to avoid making mistakes with your money - BBC News

Authored by Jorge Marín

English

11th Grade

How to avoid making mistakes with your money - BBC News
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the title of the show mentioned in the text?

Business Conversations with Ben Thompson

Business Talks with Ben Thompson

Talking Business with Ben Thompson

Business Insights with Ben Thompson

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fastest rate of inflation mentioned in the text?

10.5%

4.2%

6.6%

8.1%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the percentage increase in the price of energy mentioned in the text?

15%

30%

20%

25%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term used for choosing smaller immediate purchases over larger delayed ones?

Immediate Gratification

Delayed Reward Discounting

Loss Aversion

Scarcity Effect

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of stress on decision-making according to the research director mentioned in the text?

Reduces cognitive resources

Enhances decision-making

Leads to rational decisions

Increases automatic thinking

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the Chief Science Officer of the online finance tool Happy Money mentioned in the text?

Dr. Sarah Johnson

Dr. John Smith

Dr. Mark Burgin

Dr. Elizabeth Dunn

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the advice given by Dr. Elizabeth Dunn to help check spending?

Focus on instant gratification

Consider your future self

Buy experiences over material things

Ignore financial literacy

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