Practice Questions

Personal Finance You may be able to lower your cost of credit by consolidating your debt through a second mortgage or a home equity line of credit. To get this type of loan, you must use what as collateral? Answer: You home, Your house

Health & Safety For many people in the world, this diet is a matter of economics, because meat costs more than beans, rice or other items. Identify this diet where people do not eat meat. Answer: Vegetarianism; Vegetarian

Environment Name one of the two federal government agencies that have developed guidelines relating to “green” advertising claims on products. Answer: Federal Trade Commission; Environmental Protection Agency

Consumer Rights & Responsibilities If you are a victim of identity theft, you should report this to the three credit reporting agencies. What notation will they place on your credit report? Answer: Fraud Alert

Technology A person who contributes to a frequent, chronological publication of personal thoughts and web links is more commonly called a: ______? Answer: Blogger; weblogger

Personal Finance A checking account that allows you to write checks for more than the balance in your account has what type of protection? Answer: Overdraft, overdraft protection

Health & Safety The majority of kids who enter drug treatment programs are there to treat their addiction to what drug? Answer: Marijuana; Weed

Environment Deforestation and burning fossil fuels increase the amount of what critical greenhouse gas? Answer: Carbon dioxide; CO2

Consumer Rights & Responsibilities From groceries to barbecue grills, most items have this symbol that can be scanned at the cash register. What is that symbol? Answer: UPC; Universal Product Code; Bar Code

Technology The combination of sound, animation, graphics, video, and other elements into a single program or system is called? Answer: Multimedia