Practice Questions

Question on 12/15/14

Posted on Dec 15, 2014 in Practice Questions

Personal Finance The division of stock into a larger number of lower priced shares is called a…? Answer: Find the answer this and every Thursday!

Consumer Rights & Responsibilities The total value of goods and services produced in the economy is called the…? Answer: Gross Domestic Product (GDP) or Gross National Product (GNP)

Environment Five U.S. states have very large deposits of natural gas, holding more than half of the country’s reserves. Name one. Answer: Alaska, Louisiana, New Mexico, Oklahoma, Texas

Health & Safety Name a common source of carbon monoxide poisoning in the home. Answer: Room heater, furnace, charcoal grill, range, water, heater, auto in closed garage, fireplace.

Personal Finance Name one of the four most familiar kinds of investment vehicles. Answer: Stocks, bonds, mutual funds, CDs Certificates of Deposit)

Technology When your word processor is set to overstrike mode, what happens when you enter new characters? Answer: Character typed replace existing characters

Environment When water vapor is cooled to the liquid phase, it goes through the process called…? Answer: Condensation

Health & Safety Fires in single-family homes most often start in this room… Answer: The kitchen

Personal Finance Name one common deduction that may be taken from your paycheck. Answer: Taxes, FICA (Social Security and Medicare), insurance, uniform costs, parking, health, and other benefits

Consumer Rights & Responsibilities Which federal agency has jurisdiction over safety standards for cribs, playpens, and toys? Answer: Consumer Product Safety Commission (CPSC)

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