EverFi Module 4: Consumer Skills Test Answers

When you are deciding what to buy, you should...

compare the unit price of items similar to the one you want.

How is a post from a social media influencer different than a comment from a regular consumer?

The influencer is paid to post the product.

Which of the following is NOT be a warning sign of a scam when buying a car or other big purchases?

A price that fits comfortably in your budget

Which method of payment actually is a form of borrowing money that needs to be paid back later?

Credit card

Why is figuring out the unit price of something useful when shopping?

It helps you determine the best deal.

Which fact supports the idea that renting is a good option for living in a place for a short period of time?

Landlords take care of most maintenance.

When comparison shopping, all of these hint at a good deal EXCEPT_____________________.

Lower priced models offer more features

Which of the following is NOT an advantage of owning a car?

Making smaller down and monthly payments is an advantage of leasing.

Which of the following is NOT a useful strategy when making an informed purchase?

Purchase a product based on a social media influencer.

When making a large purchase, you should avoid everything EXCEPT _______________________

a price that fits comfortably in your budget.

Making a good purchasing decision requires __________.

both choices