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FBLA Personal Finance Exam / FBLA Personal Finance Preparation/FBLA Personal Finance Practice Exam With Complete Questions And Correct Detailed Answers ||Verified Exam!!(Verified Answers) |Already Graded A+|Newest Exam!!!

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FBLA Personal Finance Exam / FBLA Personal Finance Preparation/FBLA Personal Finance Practice Exam With Complete Questions And Correct Detailed Answers ||Verified Exam!!(Verified Answers) |Already Graded A+|Newest Exam!!!

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FBLA Personal Finance Exam / FBLA Personal
Finance Preparation/FBLA Personal Finance Practice
Exam With Complete Questions And Correct Detailed
Answers ||Verified Exam!!(Verified Answers) |Already
Graded A+|Newest Exam!!!


In the case of a savings account what is the principal? -
Answer-The amount of money you deposit


The Federal Reserve System is - Answer-The central
banking system of the United States


The rise in the level of prices for goods and services is -
Answer-Inflation


The ways in which groups of people change over time -
Answer-Demographic trends


When considering a job offer what factors should you
consider? - Answer-Work environment, Factors affecting
salary, Employee Benefits

, 2|Page


Networking is a way of - Answer-Making and using
contacts to get job information


A safe-deposit box is for keeping important documents
and they can be rented at - Answer-a bank


Liabilities are split between - Answer-Current and Long
term


Your net worth is calculated as - Answer-Assets -
Liabilities


Take-home pay is - Answer-gross pay less taxes and other
deductions


The money left over after you have paid for the essentials-
food,clothing,shelter,transportation, and medication -
Answer-Discretionary income


Which of the following are smart buying strategies? -
Answer-Comparing brands, comparing labels, comparing
prices

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