Personal Finanace 1.02 Game 2 Question Preview (ID: 6992)


Personal Finanace 1.02 Game 2. TEACHERS: click here for quick copy question ID numbers.

Mandy researched the male/female ratios to help her select a college. She decided on the one with the largest male-to-female ratioWhich type of factor MOST LIKELY influenced Mandy?
a) Cultural
b) Demography
c) Social
d) The Marketplace

At the end of her freshman year of college, Vera thought about the decision she had made to go to a state-supported school and it was a smart choice.Which step in decision making:
a) Identify the pros and cons of each option
b) Choose the best option
c) Put the decision into action
d) Evaluate the outcomes of the decision

A family member who is employed, another who has been laid off, and two children in college. They decided to plant a vegetables to save money on food. Which factor influenced them
a) cultural
b) family
c) legal
d) technology

Mr. Matthews bought the first box of candy he saw for his wife's birthday. This illustrates a decision made:
a) by following logical steps.
b) from habit
c) on impulse
d) with options in mind

Which is the BEST example of family needs influencing financial decisions? The Martin family decided to spend their emergency savings on:
a) surround sound for their new media room like their neighbors have.
b) helping the soup kitchen where they volunteer replace their broken stove.
c) paying bills while Mr. Martin is laid off.
d) taking a cruise with Mrs. Martin's sister's family.

Sarah's concern over the rate of inflation caused her to set a goal to reduce the amount of money she spends on impulse purchases. Which type of factor MOST LIKELY influenced Sarah
a) cultural
b) economic
c) social
d) technology

Which is the BEST example of wants influencing financial decisions? The Barton family decided to spend their tax refund to:
a) keep up with their neighbors by buying a new big-screen television
b) make a large donation to a favorite charity that was very important to them.
c) repair their leaky roof
d) take a trip they had longed for since their children had grown out of diapers.

After he made up his mind to quit his job, Mr. Johnson wrote his letter of resignation with no difficulty. Which step in decision-making is this?
a) Identify resources and gather information
b) Identify the options
c) Identify the pros and cons of each option
d) Put the decision into action

Mrs. Dunn always goes to the cleaners around the corner from her job. This illustrates a decision made:
a) by following logical steps.
b) from habit
c) on impulse.
d) with options in mind

Ted earns $250 a week from his part-time job. His goal is to save $150 each month to go on a vacation. Which phrase BEST describes this goal?
a) Attainable, but not measurable
b) Measureable and time-bound
c) Measurable, but not time-bound
d) Specific, but not measurable

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