Ramsey Classroom Chapter 5 Review with Complete Solutions

Ramsey Classroom Chapter 5 Review with Complete Solutions --will often cause you to spend more than you've budgeted for a category. impulse buying You're a victim of-- if someone used your card without your permission. card fraud Your brain uses the-- to process and manage stress responses. amygdala Identifying a specific product by its logo, jingle, or name is called-- brand recognition If you've ever bought something and then felt guilt or regret later, you've experienced ---. buyer's remorse --occurs when you use shopping to change or boost your mood. retail therapy --is all the ways the value of a product or service is communicated. marketing --is when someone else uses your personal information to commit fraud. identity fraud When you choose to spend your money now instead of investing it so it's worth more in the future, you experience the opportunity cost Since it's where most young adults spend their time, 50% of retailers spend at least half of their marketing money on mobile social advertising What‘s the first thing you need to have so you can develop power over purchase? Cash A budget A credit card Mobile pay a budget Where‘s the main place a young adult can find daily examples of targeted marketing? Social media Radio Television Billboards social media We have an expert-written solution to this problem! Short, entertaining ads on social media are called what? Retargeting Content marketing Snack videos Native advertising snack videos When you‘re buying things online, what should you look for first? A good price An HTTPS site Good reviews Digital payments an HTTPS site What’s the main reason why people have trouble being content?Comparison Income Marketing Patience