W!SE FINANCIAL LITERACY CERTIFICATION TEST STUDY GUIDE WITH COMPLETE SOLUTIONS

W!SE FINANCIAL LITERACY CERTIFICATION TEST STUDY GUIDE WITH COMPLETE SOLUTIONSW!SE FINANCIAL LITERACY CERTIFICATION TEST STUDY GUIDE WITH COMPLETE SOLUTIONSW!SE FINANCIAL LITERACY CERTIFICATION TEST STUDY GUIDE WITH COMPLETE SOLUTIONSW!SE FINANCIAL LITERACY CERTIFICATION TEST STUDY GUIDE WITH COMPLETE SOLUTIONS Role of the Treasury Department - ANSWER-collects taxes, prints money, issues treasury bonds Opportunity cost - ANSWER-next best alternative - it is what is given up when a choice is made. Money orders (high rate of counterfeits) - ANSWER-A money order is a payment order for a pre-specified amount of money and is purchased at different types of stores - it is used like a check. They are usually limited in maximum face value to some specified figure Discretionary Income or Budget Surplus - ANSWER-not allocated for food or shelter