chapter 20
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| consumer | a person who buys goods and services
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| disposable income | money income left after all taxes on it have been paid
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| discretionary income | money income left after necessities have been bought and paid for
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| consumerism | a movement to educate buyers about the purchases they make and demand better and safer products from manufacturers
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| comparison shopping | buying strategy to get best buy for the money
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| warranty | the promise by the manufacturer or seller to replace a faulty item within certain time period
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| budget | a plan for making and spending money
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| income | money received from labor, business, or property
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| expense | money spent on goods and services
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| credit | money borrowed to pay for a good or sevice
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| annual percentage rate (APR) | annual cost of credit expressed as a percentage of the amount borrowed
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| collateral | a property or valuable item serving as security for a loan
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| bankruptcy | inability to pay debts
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| save | to set aside some money to use later
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| interest | the payment people receive when they lend money or allow someone else to use there money
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| principal | most important
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| return | profit earned through investing
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| stock | ownership share of a corporation
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| dividend | payment of a portion of a company's earnings
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| bond | a contract to repay borrowed money with interest at a specific time in the future
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| mutual fund | pools of money from many people who are interested in a selection of individuals stocks and bonds chosen by financial experts
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| impulse buying | when you buy something that interests you but is not needed
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
robertolulecaballero
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