Everfi

When the economy is doing badly, which of the following workers is not likely to have fewer customers or patients who want their services?

A nurse

Which of the following would be considered a want rather than a need for most people?

A smartphone

The most direct way for Jonathan to gain on-the-job experience and earn money while attending school is to apply for:

A work-study program.

You are going to buy a computer, but first you want to do some research to help you select the best model for your needs. Where should you look for the fairest and most reliable information?

Advice from a salesperson in a computer store who earns commission on sales.

You are creating a budget for your business. What should you include?

All income and expenses

You received $50 as a birthday gift and chose to spend it on a wallpaper for your room. The opportunity cost of this decision is:

All of the above

lesson 3: What is the problem with paying only your minimum credit card balance each month?

All of the above

Lesson 4: If you are trying to reduce the cost of college, which of the following strategies is likely to save you the most money?

Attending an in-state public university.

Which of the following is NOT an example of a job skill?

Attending work everyday.

If you know the unit price of two different brands of an item, you are better able to:

Compare the prices of the two brands.

Ashley wants to make a purchase using the money in her checking account. What method of payment should she use to access these funds immediately and directly?

Credit card

Cynthia writes computer programs for mobile phones and has received five job offers in the last week. This is most likely because

Demand for computer programmers is high.

Which career is likely to earn the highest salary?

Dentist

Which of the following is the BEST reason to use cash for making purchase?

Knowing what you have spent your money on is simple.

Which of the following things should you do first when planning your career?

Make a list of your job preferences and skills.

Which of the following is NOT true of a budget?

Once you finish making your budget, you should not change it.

What is the best strategy to avoid paying interest on your credit cards?

Pay the full balance each month.

Which one of these is NOT a successful budgeting strategy?

Revisit your budget regularly and make adjustments.

Which of the following statements is true?

The longer you use credit responsibility, the higher your credit score will be.

Which of the following is a variable expense for many adults?

Their monthly cost of eating out at restaurants.

Over their whole lifetime, about how much can someone with a professional degree expect to earn compared to someone with a high school diploma who didn't attend college?

Three times as much.

Amy's new summer job at the pool will pay her $9 an hour. Which term describes this type of hourly income?

Wage

Shannon has been a member of her school's newspaper club for 2 years and attends writing workshops in her free time. What type of career choice should she explore?

Web content developer

The opportunity cost of earning an advanced college degree is that:

You will earn less money during the years you are in college.

What factor has the biggest impact on credit score?

Your history of making payments on time.

Your friends parents are worried about going over their budget for the month. Which expense would you suggest is NOT a need?

Cable service

A_____ is usually paid on a biweekly or monthly basis for professional employment

Salary

Select the answer that best describes what an opportunity cost is:

The benefit you gain by choosing one option versus another.

Which of the following is not a source of income?

The stipend you receive for doing an internship.

Which of the following statements is TRUE about payday loans?

They are harder to pay back because of high fees and high interest rates.