EPF Warmup 9/18: Unit 1 Review

What does the S stand for in SMART goal?

• Standard

• Systematic

• Specific

• Special

Which of the following is an example of a soft skill

• Time management

• Writing computer code

• Playng an instrument

• Knitting a sweater

What is a way to increase your human capital?

• get more sleep each night

• invest in Amazon stock

• learn a new language

• eat more protein

What does the R stand for in SMART goal?

• Responsible

• Relevant

• Republican

• Random

What does the M stand for in SMART goal?

• Measurable

• Maintainable

• Marketable

• Mandible

In general, what is the length of a short-term goal?

• anything less than 6 weeks

• anything less than 1 month

• anything less than 1 year

• anything less than 6 months

What is the recommended amount for an emergency fund?

• 6-8 weeks of living expenses

• 12-15 months of living expenses

• 6-9 months of living expenses

• 3-6 months of living expenses

What does the A stand for in SMART goal?

• Achievable

• Accurate

• Annual

• Available

What is the general length of a medium-term goal?

• 3-6 months

• 3-6 years

• 9-12 months

• 1-5 years

What is opportunity cost?

• your least favorite option when making a choice

• the amount you pay to get what you want

• the 2nd choice that you would have gone with

• the cost of taking your first choice