Unit 9 98-101

Test Description: Unit 9 98-101

Instructions: Answer all questions to get your test result.

1) Which of the following would be the riskiest place to keep money that you eventually want to use to buy a car?

2) _____________________ covers damage to your car in case you are in an accident.

3) ___________________________ pays for damages to your car from theft, vandalism, acts of nature, fire, and collision with animals.

4) ___________________ are awards of money students may receive to pursue higher education and don't have to pay back (with very few exceptions).

5) Typically, any schooling you pursue will likely increase your ___________________ and will __________________ your income potential.

6) Phone and utility bills, rent, insurance, and grocery bills are all examples of

7) If you default on a mortgage, the lender may take possession of the property in a process known as

8) A house is an example of a

9) Certificates of deposit (CDs) and retirement funds are examples of

10) We have to consider opportunity costs because of


*select an answer for all questions

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