Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
MM Ch 5 And 6 MC Part 1
Test Description: Q 21-36
Instructions: Answer all questions to get your test result.
1) The total estimated student loan debt outstanding (unpaid) is over
A
7 trillion
B
1 trillion
C
1 billion
D
10 thousand
2) Which of the following is not a good option when it comes to paying for your education
A
ask your parent to take out a loan
B
get a part time job
C
fill out the FAFSA application
D
plan ahead
3) Which of the following statements is false?
A
our culture accepts student loan debt as normal
B
you don't have to pay on your student loan while you are going to college
C
you can go to college without debt
D
a student loan is good debt
4) Which of the following statements about college financial aid is false
A
many businesses have scholarships for employees' children
B
grants are free money
C
the FAFSA is the first step to receiving any kind of financial aid
D
scholarships are only for the highest academic achievers
5) Which of the following statements is true
A
on-campus jobs always pay toward your tuition bill
B
you should never pay to apply for scholarships
C
working more than 10 hours a week can negatively affect a student's grade
D
the tuition at a 2 year college is the same as at a 4 year college
6) The average repayment period for a student loan is
A
10 years
B
20 years
C
15 years
D
5 years
7) Percentage of college students that graduate with student loans
A
90%
B
30%
C
25%
D
66%
8) Which is true regarding FAFSA
A
Not everyone is approved for financial aid after applying for a FAFSA loan
B
You don't have to use your family's tax information on the FAFSA
C
FAFSA needs to be completed onlky once
D
FAFSA offers college loans with no interest
9) Which of the following is not a need
A
housing
B
food
C
furniture
D
utilities
10) The purpose of advertising is to
A
persuade the customer
B
tease the customer
C
inform the customer
D
all of these
11) Which of the following is not a common marketing strategy
A
providing financing options
B
repetition
C
making the customer do product research
D
personal selling
12) When a company places an ad and offers no interest on your purchase for three years
A
the cost of financing is built into the price of the item
B
they are not interest in making a profit
C
all of these
D
they are showing their appreciation to you by giving you free money
13) What is a safe assumption to make regarding companies and their marketing practices
A
companies spend millions of dollars and do extensive research on advertising
B
companies know that competition is fierce for consumer dollars
C
companies use all angles to aggressively compete for your money
D
all of these
14) What concept is best explained by the statement money spent here cannot be spent there
A
law of diminishing return
B
delayed gratification
C
opportunity cost
D
significant purchase
15) Identify which method companies are using to compete for your money: 90 days same as cash
A
product positioning
B
media
C
personal selling
D
financing
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?