1. Which is an example of an asset?
A- Student loans
B- Car payments
C- Laptop
D- Electricity bill
2. Which financial statement allows you to find your net cash flow for a specific period?
A- Personal Cash Flow Statement
B- Balance Sheet
C- Expense Statement
D- Net Worth Statement
3. What is a good way to keep track of spending?
A- Keep a spending journal
B- Don't think; just spend
C- Have your parents pay for everything
D- Trust someone else keep track of it for you
4. Is it worth it, from a financial perspective, to go to college and pursue a degree?
A- Yes - your future earnings will more than make up for the opportunity costs involved
B- No - college can cost too much to make it a good investment
C- If you plan to study hard and get good grades
D- If you do not have to borrow money to pay for it
5. What is a budget?
A- A checkbook
B- The balance you have at the end of every month
C- Estimated income and expenditures in a given period
D- Something you don't need
6. Sustainable consumption is defined as what?
A- Living within your means
B- Spending all your money
C- Setting a specific spending limit
D- Consuming more goods, but cheaply
7. The median annual earnings for full-time workers age 25 and older in 2009 was $8,805 higher for someone with an associate's degree than for someone with
A- a bachelor's degree.
B- a high school degree.
C- a graduate degree.
D- a PH.D.