Final Part 2

Question 1

Which of the following is not a one-time payment required when buying a home?

Answer 1

Mortgage payment.

Question 2

All of the following will result in borrowing less for a car except. . .

Answer 2

getting a low-interest loan for a long loan period.

Question 3

When interest rates are high, consumers tend to. . .

Answer 3

save more and borrow less.

Question 4

An ethical consumer would not

Answer 4

sample food sold by weight.