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civics chapter 20 Test

Enter the letter for the matching Definition
incorrect
1.
warranty
incorrect
2.
bankruptcy
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3.
annual percentage rate
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4.
comparison shopping
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5.
budget
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6.
consumerism
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7.
Consumer
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8.
mutual fund
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9.
interest
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10.
discretionary income
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11.
credit
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12.
bond
A.
the promise made by a manufacturer or a seller to repair or replace a product within a certain time period if it is faulty
B.
pools of money from many people who are invested in a selection of individual stocks and bonds chosen by financial experts
C.
money income left after necessities have been bought and paid for
D.
a plan for making and spending money
E.
someone who buys a good or service
F.
a movement to educate buyers about the purchases they make and to demand better ans safer products from manufacturers
G.
contract to repay borrowed money with interest at a specific time in the future
H.
buying strategy to get best but for the money
I.
annual cost of credit expressed as a percentage of the amount borrowed
J.
inability to pay debts
K.
money borrowed to pay for a good or service
L.
the payment people receive when they lend money or allow someone else to use their money
Type the Term that corresponds to the displayed Definition.
incorrect
13.
payment of a portion of a company's earnings
incorrect
14.
money received from labor,business,or property
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15.
property or valuable items serving as security for a loan
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16.
money income left after all taxes on it have been paid
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17.
purchasing an item on the spot because of an emotional rather then planned decision
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18.
money to spent on goods and services
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19.
profit earned thought invasting
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20.
ownership share of a corporation
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21.
to set aside income for a period of time that it can be used later
incorrect
22.
the most important

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